The risk of problems is extremely low, even in larger markets.

I once paid a $53,000 assignment fee; I can say, it was extremely upset when I got to the closing table, but even with that $53,000 assignment fee, I will still buying at at .40 on the dollar.

In that area you're looking at average rents in the $1,200 - $1,300/mo range unless this house is extremely nice.

Extremely solid advice.

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.PM us if you’d like to discuss this logical approach in greater detail!

I am extremely excited about starting this venture. 

Constructing new homes and selling them is extremely difficult and challenging.

Google Drive is extremely helpful and links are easy to share.

I'm extremely new to multi-family investing so I'm here to learn from you all!

Just to clarify my previous post, I would like to say that while I've experienced challenges with mngt, RTR/Rent to Retirement has been extremely helpful in navigating this situation so I know what my options are and so I don't feel alone in this process.