I've been inspired by so many people on BP, and I want to safely expand my portfolio rapidly over the next few years.

Keywords: Grand Rapids Michigan

What real estate form is best used for this in Grand Rapids?  

I pay the water in my 3 Grand Rapids Properties.  

We live in Grand Rapids and are having difficulty finding properties that fit our requirements price wise so we started thinking about branching out to Big Rapids or Kalamazoo.

Will, if you are willing to take a "rapid re-housing" tenant (generally these tenants are homeless or are in a precarious living situation) you will have very little problem finding a tenant. 

Here's an example of what I'm worried about: I study my market and learn it inside and outI am very educated in my niche I have put together a reliable and trustworthy team I find a house for 15% below market value (for simplicity - the house is $85k, it is worth $100k), which gives me a significant advantage in that I can have a higher cash flow and be protected against small market fluctuations I put 20% down I start renting out the property with an excellent property manager managing it for me I'm making $500/month in pure cash flow after all fees, mortgage, taxes, etc.Two years later, the market starts to take a turn for the worst, and the house drops rapidly in value by 35%I try to sell the house before it drops too far, but no one wants to buy properties when they know prices will continue to drop Rent no longer covers the mortgage and fees due to the incredibly cheap housing market, therefore the house is foreclosed and my credit and reputation with many partners is destroyed This.

This is even more so if the market is rapidly increasing or decreasing in value.

As several realtor/investor colleagues have said in our Austin REIA meetings, the DINK (Dual Income No Kids) movement is rapidly transforming the downtown area.

While you may not have conventional employer sponsored retirement account, you can start building your Individual (Solo) 401k very rapidly.