Hi Matt-Great question about whether Grand Rapids is a good market for multifamily rentals and if Michigan is a good place for an out-of-State investor to look at.Grand Rapids is one of the best local economies in the State.

With this technique, you can go to 80% currently (and 85% in a more "normal" economy). 

Industrial midwest cities help built this country and this economy and many got left behind after the manufacturing left and I've seen it first hand how it destroyed communities but they're resilient cities with very strong and resilient people and are excellent for Section 8 rentals.

Is there enough of a data set of these tax sales In your area, during the recent economy, to come up with a statistical likelihood that is reliable??????

I can't imagine another sector of the economy where anything like my story is even possible. 

Market and economy added value while I maintained the residence to high standards.

Different circumstances, different economies, different geographical areas and different players all have tremendous influence on the success or failure of a strategy , or tactic.  

- vandalism- unstable economy - and many other problems of an impoverished countryI'm sure once you have a good team (broker, agent, lawyer, insurance broker, contractor, prop.mgr) that you can trust, it's all doable, but building that might take time and money and physical presence.

Only solution is hope FED cuts interest rates fast and deep, but all macro-data says US economy doing great with fed funds at 5.33% so foreclosure becoming only option.now if a Chimp with a learning disorder like me could see this coming, perhaps, the syndicators that charged high fees and had 5 different "share classes" saw it coming too and perhaps that was their plan all along?

Where are areas that have a diversified economy?