Focus on education, analysis, and actionable steps to build your portfolio in Grand Rapids.Good luck!

If you are NOT running a trade or business - 1099s are not required.The main reason why you WANT to be "running a rental trade or business" is your eligibility to claim business overhead deductions, such as marketing, education, technology, and so on.

Many people just ask the rates because that is the probably the only factor they know, so it's important educate them how several factors can also influence the rates.

I have been trying to educate myself through videos, books, and podcasts.

All the theory and strategy on here can help prepare you but the best education is doing. 

Education (K-12, High Ed, Trade Schools) 2.

My advice is to analyze your equity, focus on high-growth areas, educate yourself, and start small.

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

I plan to head to the area in the beginning of December and would love to use the time I spend there to speak with lenders, property managers, etc. to make a more educated decision. 

There are a ton of qualified broker and lenders out there that can offer this product but be sure to receive the proper education when iyb comes to structuring the deal correctly.