You will pay more (in terms of dollars earned by the company per share i.e.

I imagine many investors would send a 30-day eviction and start from scratch....but I want to tread more lightly, and in Detroit a vacant property can spell disaster in terms of scrappers and vandalism (so keeping it occupied is a good thing!)

In terms of goals, I don't think that I want to have a big portfolio (although this may change the more I learn).

It's just different in terms of the approach and expectation.

Looking for a little insight from some of the other markets out there in terms of financing.

The straight land contract seems fine, but I've been getting mixed reports on compliance issues with Dodd Frank...ie: I want to keep the existing tenants in place because a vacant house in Detroit can be costly....but in terms of qualifying someone's ability to repay or get a mortgage, if the house is cheap enough, is it really an issue?

For tax purposes, it really depends on your other income, your marital status, your current portfolio and your long term goals in terms of the costs.

In terms of Property Management Companies (speaking from experience) they can be excellent in helping you manage your property.

In terms of markets, there are quite a few out there.

In terms of markets, I can tell you right now the Midwest is booming.