The IRS doesn't trust you to report accurate information, so the 1099 from the property manager is checked against your filing.Any company that does more than $600 in business with you should issue a 1099.

With the future being so uncertain I realized there was a need to do more than just rely on my job for financial security. 

Distressed properties are real estate assets that are usually sold at a discount due to financial or physical distress.

Most of the homes we built on these lots sold at a profit, but a couple did not, again, because of the reasons above. 

Could work, but remember people that need hard money usually need it for a reason.

Appraisers are using MLS data and often it is lower than actual rents. 

Where the loans go wrong is usually not with the loan terms. 

As I said usually when companies cant cut checks right away its some sort of cash flow issue.

You MUST understand this as the suburbs are usually much nicer than the city.All of these challenges are why we have a map of Metro Detroit on our website with the cities in Macomb, Oakland and Wayne Counties listed, as well as 183 Neighborhoods in Detroit.The majority of the 48235 zip code is Class C, the question is, do you understand what that means?

You'll probably get better service approaching it that way than hiring a professional manager anyway.