When you meet someone doing what you want to do and is very encouraging about the possibilities, it really makes you think and ask yourself, "what are you waiting for?".

I would also encourage you to look into the house hack space. 

I’ll keep your offer in mind as I evaluate opportunities and have questions about loan products or financing options.Thank you again for the support and encouragement.

., property damage) could jeopardize their assistance, encouraging them to be responsible.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

@Jesse Streng Great that you want to invest in the Detroit area but I encourage you to come to the city and spend a weekend here to get a feel for the market.

In order to encourage tenants to get renter's insurance, we have been contemplating instituting a $50 monthly fee until they provide proof of renter's insurance with the owner listed as an additional insured, but not sure how well that would hold up if we ever had to evict. 

having been a back room vendor for Montelongo  Vertucci  rich dad poor dad.I got to interact with hundreds of students.. its like anything RE related only a little worse than say RE agents .. 20% of RE agents make 80s of the income

The town is encouraging home ownership, so buying a condo/single, living in it for a year plus and then renting out works fine here (what I did), whilst house hacking a multi is more complex.

If you’re unfamiliar with any of them I’d encourage you to do some research.