If someone is relatively happy where the are, the low interest rate they currently have will keep them tied to the property.

@Justin Treaster I am sure someone has had good experience with all those companies.

Hello BP Community, Can someone share their experience or guidance on how to get a rental property certified for Section 8 in Detroit? 

It's a burn hazard to someone trying to walk around it, they're going to be constantly brushing by hot metal. 

There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.

Obviously it is always a good idea to respect folks time, but find someone who also has skin in the game, investing where you are investing, can talk about their experiences, and also has built a network of folks who can support you after the transaction as well. 

My buddy just got burned by someone borrowing from multiple people where the others weren't aware of each other and they thought they were the only one lending, etc.It all comes down to how well you REALLY know each person in the deal, and then, "do you REALLY know them?"  

And you're having them  wash sheets and towels and make up beds, which normal cleaners don't do for someone living in their house full time. 

If someone offered 3%, is that too high?

If you don't understand the numbers, ask someone for help.