Figures, I made this account and disappeared.

The city will send crews to pick them up so they disappear quickly.

As for the screening, we are sticking to our plan and making the initial qualifications well known (3x rent for income, 2 yrs of references, no evictions) and if they are interested they will be required to submit a credit and background check, which they pay for via cozy.Truth be told, we already had people call/email but disappear after qualifications are mentioned.  

However, I'll probably include PM fees in my calculations so that I have the ability to disappear without having it hurt too bad.I'm thinking I'm going to have to find a good real estate agent in the area who knows our area and knows where good rents can be made.

Glad to see bigger pockets forum has trash conservative trolls just like every corner of the internet.For those that said there will be no money here to make, cool, disappear.

@Alex Penalva our market, Metro Detroit, actually has several sub markets.In many of them we supply appliances as tenants in those markets expect them.In other, mostly lower demographic, markets we don't offer them as tenants don't wxpect them and actually, they usually disappear with the tenants at the end of a lease.

You also have no control over the HOA (unless you find a way to hold a seat on the board) and they could do any number of things that could kill your deal, including limiting percentage of rentals in the complex (if this isn't already a provision), or raising the fee $100 a month which makes your cash flow disappear, and the retail value go down overnight.

or do the taxes just disappear?

Also, if your commercial Tenant(s) are reluctant to sign a "full" personal guaranty, perhaps you could use a personal guaranty with a fixed term (e.g. 6 months to a year's worth of rent upon termination), a personal guaranty with a "floating" term (e.g. 6 months from lease termination) or a "Good guy guaranty" (where the Tenant does what a "good guy" would normally do instead of disappearing on the Landlord overnight - perhaps used predominantly in the NY area?)

I'm not aware of a significant difference in the interest rates offered and even if there is a quarter to half percent difference, it's likely that could disappear over the course of the next 12 months if interest rates continue to rise.It's not common to find any true "no cost" refinancing because there's no benefit to the lender in offering it.