Hi @Brandon French , welcome to BP.This site is full of great info and people and there is a fairly large group of investors from SE Michigan on here.

Since the class has started a few of her students have even came on into our office and joined us touring houses for some homes on the market in SE Portland.

Because we want you to make the promised paper return and we want you to buy more and refer us to others.I don't see this happening when you buy a property through Roofstock.3rd party property managers are known to nickel and dime so they can survive (It's a thank less industry and the 10% from the monthly collected rent is chump change really).And the sellers off loading the product through a "sales channel" per se. 

I was thinking about creating an s-corp to avoid some of the SE taxes on the flips.

This could be structured into the deal, as it would definitely put "skin into the game".While it really wouldn't help to sell the shop per se, as it doesn't add value to the detriment of the area and lack of foot traffic, it is a better and efficient system than the radiated heat.Any thoughts, even anything outside of what I said, is GREATLY appreciated!

@Farren Perera I have a rental in NJ ($5500/yr tax on a property purchased from $55k) and one in Florida ($900/yr tax on a property purchased for $90k) and they cashflow nearly identically.Rental rates are much higher in NJ, which offset the taxes, so you have to factor in all of the numbers to se what makes sense.

Hi there, I'm an aspiring investor looking for opinions on a potentially great opportunity that's right in front of me.Several years ago I inherited a 50% stake in a SFH in a small town (population ~10,000) in SE Minnesota.

On top of that, most if not all foundation companies will accept the opinion of the SE, and repair to those recommendations. 

If you are talking Single Family homes in SE Michigan, not Detroit with a value of 50K to 300K with replacement cost being $110/sq ft,  built post-WWII,600-1100/yr. thats a sliding scale based size, value.Of course that number reduces with volume.

I know a few counties in SE FL where the going rate is $8k - 30k depending on location.