This is another classic example of what people say in podcasts and books etc that doesn’t really translate to the real world.

Aside from constant threats to drastically alter the property tax structure, existing and expanding rent control, anti-landlord regulatory environment, anti-landlord/investor public sentiment, litigious tendencies, liberal judges, tents popping up everywhere, cardboard sign carrying panhandlers at virtually every roadway intersection, trash on roads pretty much everywhere you look, increasing crime, high cost to get pretty much anything done, and not the greatest economics (speaking from an investment point of view such as price-to-rent ratio, etc), probably my biggest reason is that I like to invest in places where people are moving TO, and avoid places where people are moving FROM. 

My advice is, get what is required in your state and then move forward and along the way if you want to get additional certifications go for it but, understand that certifications aren't really going to translate into higher cash-flow in a nickle and dime business... hope this helps. 

Community sentiment still has some negative thoughts, which translates to good buys for those with vision.

Also as you know 125k combined translate to only 10k gross and should be around 7-8k when it hits the bank, a 500k mortgage will be around 3k/mo and two cara will go around 1k, utilities and fuel maybe another 1k, that alone is 5k that doesn’t leave a lot for errors and living expenses.

@Don Antoncich I am sure there are plenty of legal alterations.

Detroit has some very strong investors, and some REALLY cool architecture, and a lot of skill sets that might translate to specialty manufacturing and high tech.The leadership after decades of terrible corruption seems to be a improved.

This type of paperwork is for any alteration or additions made to the present dwelling.

The general American sentiment towards home ownership be drastically altering its makeup, with a majority of survey respondents saying that they plan to rent and stay in the same place they are living in currently, with no impetus to move, as well as not financially or mentally planning for home ownership any time in the near future.Key Takeaways: Renters believe increases in rent will be manageable and are not deterred by them.

That's some back end profit which may, or may not, have translated into a better deal on the mortgage.