Hi @Sam Hanaa, I personally love SE MI, but you’re right taxes tend to be high due to historically low housing prices...the city/state still needs their money for past corrrupt officials and whatnot.

I found that there is a 5 bedroom home in Vancouver WA at 18622 SE 14th Circle going to the auction next Friday and wondering if it would be worthwhile to do a drive down there to bid.

@Adam BlachnioI live in a very expensive Market and invest in the SE.

I lived in SE where others weren't willing to venture a few years ago.

Regardless of the #'s per se (purchase price, after rehab value and rental income and etc.)

Since it is not your loan, you cannot refinance it per-se (well, there are a few ways to attempt it, but probably not recommended).

I agree with the other posts that you need to assemble a competent and trustworthy team that is interested in advising you long term, not selling you on something they have in their pipeline per se.  

Doug,Many areas in SE Michigan will require you to have a landlord license in order to rent a home.

Cordova is a great rental area but also Bartlett, East Memphis, Col Acres, SE Memphis, Fox Meadows, Berclair, Some parts of Raleigh are some really good areas.

Massive action is not always "action" per se.