I'd also look into property taxes and what is included with that $800 condo fee (that is really high though guessing it may include weekly cleaning). 

https://www.donotcall.gov/report.htmlThe effective way to stop the calls, include texting STOP to the number.

Every broker (including me) has the ability to give a 0% origination fee WITHOUT increasing the rate.

S8 standard voucher amounts INCLUDE all utilities.

However, before you do so you should ensure that your revenue from rental income covers ALL your property expenses in the townhome, including mortgage, taxes, insurance, maintenance/repairs, vacancy, property management, etc...

I only include properties at 12%+ yield which is calculated as projected income / asking price.

Jonathan Having worked most of those markets (Detroit included), I'd say most all of them will offer investors a very similar return.

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Other strategies include gifting portions of the property to reduce the taxable estate or exploring more complex options like a Qualified Opportunity Fund or a Charitable Remainder Trust to defer or minimize taxes.