I think you would need to ultimately know what your goals are and honestly what your budget is.

But, ultimately, it could work if you don't mind a low ROI.It could make sense if you look at a lifestyle rather than an investment purchase and you're just happy to cover your costs.

Ultimately, it depends on your goals (low rates, fast turnaround, etc.).

Wells Fargo ultimately turned me down because my specialist was completely clueless in general, and because she failed to accurately relay what I was telling her to her "internal contact" on the phone. 

Before you make any buys here in Cleveland, make sure you read The Ultimate Guide to Grading Cleveland Neighborhoods.

Ultimately controlling your spending and making extra principal payments is the way pay your mortgage off early.Also one final warning, you must state on the extra payment that it is "Principal Only" or the mortgage company will apply it towards interest and principal.

It's my ultimate goal to move to things like syndications as an LP so I don't have to deal with the headache of managing property any more (even through a property manager). 2025 will involve progress towards that goal.

Ultimately, it will come down to timing.

While this brokerage would start in Ann Arbor, I would want it to expand to all of Southeast Michigan, then statewide, and ultimately nationwide.Initial target users would be investors/flippers, in other words, more frequent flyers than typical homebuyers.

And if you are going to ultimately just disable the account, then skip the fine altogether as it sends a bad message to the community.