I live in California (Central Coast) and have built a 12-door portfolio in Detroit, which has been a great market for both cash flow and long-term potential.Detroit still offers properties well below the $150k mark, with strong rent-to-price ratios and a market that’s seeing growth in key areas.

I'm currently in a rent to own house we are moving out of and will be renovating and renting.

From experience, finding a knowledgeable accountant is key for handling taxes effectively, especially when splitting expenses, claiming deductions, and managing depreciation.

If the inspection reveals a bigger problem, either you can try to keep the deal alive by offering a seller credit, which could motivate the buyer to move forward, or the buyer walks away. 

This zip code also has room for appreciation as OKC continues to expand westward.Building the right team is key!

I respect your decision not to move forward speaking with our company. 

However, due to my wife's pregnancy, we decided it would be best to move back to Miami to be closer to family in June 2024. 

Some people love that as the initial numbers look good, but probably over the long term they get tired of the common issues landlords face.It's not that hard typically to find a move in ready property, or even to find one that needs minor repairs, where you can capture the equity yourself vs the person selling it to you. 

You know the model and have systems so tapping into your equity is a smart move.

I have one rental property in San Marcos, CA (North County San Diego), which was my primary residence for several years before I moved to Orange County.