What is the most important factors when considering passive (or even non-passive) real estate opportunities?

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

Head over to bank rate or and take a look at the mortgage calculators, plug in the numbers and get an idea of what the property needs to generate to satisfy the intended debt.You still have to underwrite the deal for the non-finance expenses as well(typically 40-50% of the gross rents). 

I think it would require a major asset heavy backer to provide the confidence the investing public needs to scale to profitability.  

@Joe Au - agreed, but only if your payment is a cash/non-debt payment.

If this is for a residential 1-4 unit non owner occ / investment property I would compare a few different lenders.

I will insure the property as a non-owner occupant. 

I’d love to come to a meeting of the minds and a public forum probably isn’t the best place to do that.

Here’s some suggestions for investors investing in non publicly traded securities1.

Non-renew tenants,, give it early even if its 8 months out.. you could also do mutual lease termination if they aren't month to month.Basically you want them gone, so only and best way is this.