If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

D.C. has, and always will have, a giant vagrant tenancy base as well as assorted tourism. 

Based on your question, you have two core decisions to make, and they may conflict with one another - where do you want to live, and where do you want to invest? 

The debt is not yours, and unless a question is asked in a way that would subject every investor to having to reveal the debt of every entity he was an investor in, you should have no problem.This is based on my knowledge and experience, I am not an attorney.  

They usually take on cases on a contingency basis, but are FL Based.

@Michael Breisch perfect

I have about $300k in equity (based on a BPO performed in July 2023) but no cash.

Quote from @Jonathan Warner: Quote from @Corby Goade: I've got a few tips- like any other business, this is a relationship based thing.

There’s probably a legal notice period for that too, based on your market. 

W-2 status isn’t a choice—the IRS determines it based on work conditions.