I am extremely sad and not at all surprised to hear this.

This is extremely useful intell.

Speak with lenders early to understand your borrowing power, and explore multifamily properties to maximize your house-hacking potential.

It’s about giving you the power to choose, not limiting your options.

I have never been shy of facing challenges and I truly believe knowledge is power (something my grandfather taught me at a young age)I really want to learn everything there is to learn about realestate and am driven and hungry.Thanks in advance for any suggestions or recommendations.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

What I noticed so far is extremely high property taxes. 

Guys - I was just quoted $5000 for the Trust package (Trust, Will, Living Will, and Power of Attorney), plus $1660 per LLC, which includes one holding company in WY and however many other LLC’s you want to start.

That is the reason why you will see DSTs commonly invest in single tenant assets where a long term lease is in place with an extremely stable tenant. 

The power of rent growth.