Hello @Mary june MartilloI've been contacted by dozens of investors looking to do conversions in NYC but very few actually pan out.

@Chris Kittle where in Michigan do you plan to buy real estate?

@Mac Boeve Michigan statute requires you to provide a MoveIn Checklist to every tenant, which they have 2 weeks to complete and return.If you fail to provide one to tenant, it may exempt them from MoveOut Damages.If tenant fails to provide you a completed MoveIn Checklist, they assume all MoveOut Damages.If tenant fails to give you forwarding address within 4 days of MoveOut, you technically don't have to give them an Itimized List of Damages - meaning you can theoretically charge them for anything, any price.You should know, a judge may disagree with you if tenant takes you to Small Claims Court to challenge your SD deducations. 

Would you consider Michigan?

I am in Michigan, which has the 6-12 month redemption period after sheriffs sale.  

Every one aspiring to join the community needs to be aware of what to look for @Mary Smith

Quote from @Logan M.: I tend to get frustrated when I keep telling people that you can buy large multifamily with 0% down.

I'm a Broker / Realtor & Property Manager in the Metro Detroit market (Michigan) and have connections with lenders, wholesalers...you name it!

First off, you can provide all the links you want about $1266 being the maximum including utilities that section 8 offered in 2021 or even 2020 for that matter but the LARGEST section 8 agency in Detroit (with perhaps the exception of Detroit Housing Commission, aka DHC.) and Michigan which is Michigan State Housing Development Authority, commonly known as MSHDA approves up to $1478 including utilities.

hi Mary.