If you are looking for some good meetups I would say NCREIA has some pretty good ones but there are also smaller meetups like the TREIA meetups they typically have every Wednesday, one of my good friends hold a deal exchange every two weeks on thursday.

Not much difference in rate, so typically best to include the reno. 

Or, is there other typical arrangement when you work with realtors under this mode.

Given the timeline and the nature of these expenses, I'd appreciate any insights or advice from those familiar with tax regulations in such situations.Additionally, I'd like to know if I can claim depreciation, mortgage interest, homeowner's insurance, utilities, HOA dues, and other expenses associated with the rental units of my home from 09/08/2023 to 12/31/2023.

I find the deals, negotiate the deals, plan and oversee the rehab, get supplies, coordinate for utilities, and have did a lot of rehab work on the properties over the years.

Once you have a list of properties that you are interested in, utilize the county's property search website to identify the owners names and their mailing address.

@Kiran Reddy no offense, but you're making a typical OOS investor mistake about the Detroit market!

VC firms typically do not do real estate, maybe a family office but that relationship takes a good amount of time to build and as you mentioned they will want to see experience.This is a hard question, but I ask them - what are you bringing to the table?

Worst case scenarios are like you pointed out, or there is a disagreement of the contract and you friend backs out.When you are renting it out, typically the owner (your friend) is responsible for taxes and insurance. 

However, it utilizes a private road easement which is shared with one other neighbor not counting the servient tenement.