They also list their section 8 property housing needs, and list of people with vouchers on a waiting list for vouchers (detroit is huge right now!)

It’s a huge renting point and can help you get bigger rents.

When i read about how their deal was really messed up with most investor probably going to take huge loss's its not shocking.. you have to stay right on top of these and have the manpower to do it.

Always invest in your backyard @Dina Mazur - you have a huge home-field advantage I would not give up.

I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions

In smaller/tourist locations the best places fill up fast and knowing you need a reservation is huge.

For sure it is a huge safetly net if you can get it, but strictly applied, seems many of us would be out of business.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Welcome to the community and be ready for a huge amount of information at your finger tips.

-Also, if it could have access if they get an easement from a neighbor, maybe there is a mutually beneficial situation where the neighbor would give an easement for access.