Quote from @Mary Smith: @Lawrence Briggs This might not be too helpful for you now, since I'm sure you've probably already picked between the two.

I am a broker in Michigan and Ohio.

Mary Estes Haggin (859) 231-8780Richard David Lom (859) 963-1939Mark E.

I live in Grand Marais, Michigan, where my family owns and operates Superior Hardware, our family business.My passion for real estate started when I was 7 and asked my mom if she could download the Trulia app for me on my iPod touch (remember those?!).

https://servicing-guide.fanniemae.com/svc/b-8.1-04/terminati...It does not help you at this point, but this one of two reasons we split a 15% non-owner property into two mortgages to avoid MI all together with a first mortgage at 75% and a second mortgage for 10%. 

I'm interested in networking with investors who want to purchase multifamily assets in the Michigan or Ohio markets.

One big advantage of this strategy is you can use conventional financing with a lower amount down as it will be your primary residence which also has a lower interest rate than an income property loan.On your question about buying section 8 rentals, I think this is also a good strategy to add to your portfolio and you can buy section 8 duplexes in Lansing, MI for around 100K and its a great rental and investment market.To your success!

There were a few slight distractions like figuring out financing, selling a neighboring lot (that I had also acquired via letter writing) on Craigslist, rent out my RV, rent out my house, make my first ever documentary film (a twenty minute short called Kara, Star Of The World about a woman with a traumatic brain injury from a childhood ski accident), take any photo and video work I could get, start a 360 photography company, create social media channels to hype the build, parent two small kids, do a beautiful and excruciating tandem mountain bike ride across Scotland, drive my family on RV trips to Colorado/Arizona/Utah/Nevada/California/Wisconsin/Minnesota/Michigan/Florida, attempt to write a novel and adopt a puppy.The above may read as humble brag, it is not.

If you are getting started and are in New York, I would not recommmend you buy in New YorkStart in a place like Michigan, Tennessee, Missouri or Mississippi.

I'd prefer IL, IN, MI, OH, VA, NC, SC, GA, AR, AL, TN, etc.