Quote from @Anthony Therrien-Bernard: Quote from @Kyle Mccaw: @Rafael Valdor You’re absolutely right to prioritize tenant screening—it's one of the most critical aspects of protecting your investment.

Investment Info:Single-family residence buy & hold investment.

And a local resident is usually very helpful.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

Good tenants help you protect your investment.

Most importantly, to protect you, the investor.

It's not your fault that the tenant has to vacate, so the tenant should have insurance to protect them against any additional expenses.

I also agree, that income is not a protected class.

I don't think being a long distance landlord is as easy as some tout but full disclosure I've stayed with 80 miles of my primary residences. 

Investment Info:Single-family residence fix & flip investment.