We funded tradtional turnkey and we funded those that would do the lease option after i bought the asset for them they paid me off short term 60 to 90 day deals on my side.. then they would go the lease with option to buy..

There are plenty out there with fair rates and lower fees.

The market has shifted a lot in the last two years with rising interest rates, changing rental demand, and shifting economic conditions.

Do the calculations factor in default rates?

We're fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.

Also being open to section 8 could help with keeping vacancy rate low.

I think most investors want to win on more than just the interest rate.

We had a 70/30 investor structure to fund this deal.

Are they at market rent, or locked into below-market rates?

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.