Quote from @Shelley Austin: Purchased property for 390K, put 15K into rehab.

I’m not 100% sure if this is what you are asking, but if you put 10% down at purchase you probably still have about $360k on your mortgage.

Here's why:Long-term this isn't a good rental property.

I have heard this area is very saturated and since you have no intention of using the property yourself, I would look for a different area and property that would be anticipated to cashflow.

What makes you think you can just leave the garden unit as is if they already said this?

Thanks So much Heath I look forward to this community as I know I will need it. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

My tenants Lease Agreement expired May 2023, putting them Month to Month, is this still applicable?

Hi @Shan Randall,Welcome to BP and congrats on stepping back into the landlord game!

I'm hoping this forum can help me understand what my alternatives are.