Hi all,Was just in Michigan for an extended stay and was wondering if anyone had any thoughts on the Detroit and the surrounding cities for possible long-term rentals or flips?

I see you are in the Austin area so if you need a good attorney let me know I would love to send a few references. 

Umbrella Insurance: Yes, having umbrella insurance is a good idea.

@Dennis Pulscher, why have you waited this long?

Those numbers look good on paper.

While some jurisdictions require this by law, it’s always good to ask for confirmation and ensure it’s documented.

There seems to be a lot of good value and in this year's market people are seeing good results from it.

Maybe a land contract with a good down payment?

and you typically need to buy something off market for it to be a good BRRRR. 

References can provide a good sense of the applicant's reliability and rental history.These steps should give you more confidence in your decision, even if their U.S. financial footprint is limited.