Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

There are too many people selling you on how easy, passive, and lucrative real estate investing is.I always tell people the first year or two will be bumpy.

You're definitely in the right place to learn and connect with people. 

The challenge with unsafe areas is (1) potentially higher cost of maintenance such as broken windows, etc. and (2) this is by no means meant to be discriminatory but anecdotally from people I've spoken to the challenging tenants tend to be at the lower price points.

People like to rent from a person not a 'brand', it's more personal.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

This is a fantastic group of supportive people who are always eager to help and see you succeed.Best of luck! 

Also, a good number of people see wholesaling as acting as an unlicensed agent getting net commissions (which are illegal for agents) so some see it as illegitimate entirely. 

I have taken at least 100 people out to coffee, breakfast, lunch or dinner to let them know what I do.

@Travis Biziorek we've been on the same page about that forever:)Seems we both want people investing the RIGHT way in Detroit, so they brgin family & friends!