I have spent the last few years reading many books on real estate, taking real estate courses, researching, saving as much as I could, investing (to increase my purchase power) and finally feel I can begin my real estate journey this year. 

Take a look at Grand Rapids, Kalamazoo, Lansing, Muskegon and Detroit.

Since the last report, we have seen a significant increase to Median Price of New Listings, from $227,950 to $241,450.

That way they keep their licenses and ratings.I don't see much of a difference really.Don't keep them out as they will get increasingly suspicious and they might pull your permit for non-compliance.

The market is crazy right now and will be for the next 2 to 3 yearsdue to inflation devaluing the dollar, inflation increasing newbuilding costs.

. - In the event that you do get a deal, that you do not violate the intent or letter of an increasing number of anti-wholesaling laws, and that you actually receive an assignment fee, you will walk away thinking that your role is over.

. $8k cash flow (this will increase over time because you are in an appreciation market). $6k principal pay down (based on your current loan). $20k appreciation (based on 3% which is conservative, 4-5% is the historical average).

Capitalized costs increase the basis and depreciation deductions over 27.5 years.

Hi Ethan, I would not entertain the idea of getting more money from this tenant in order to potentially increase your cash flow. 

I like the cash flow and see the potential for increasing rents, but I’m hesitant about overpaying.