IMO I would skip out on a course but that would be based on your comfort level jumping inUsing your own money?

Some other items came into play were manager percentage of late fees and maintenance oversight fees and renewal fees.

@Samuel Ksiazkieicz and @Amy LuThere are various companies like foremost, diamond preferred, Aegis, North Pointe.. based on location, rental loss coverage, swimming pool in property or not, pets etc.; the rates are different for various locations.Normally, I use an agent; who helps to locate the  best price. 

And based on what you’ve already achieved, I have no doubt you’ll absolutely kill it in your next venture.You’re a hustler first and foremost, and I’m cheering you on every step of the way!

The regulatory floodway is calculated by constricting the boundaries of the floodplain resulting in a 1 foot rise to the base flood elevation (BFE).

Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

I’ve Identified several locations within my region that, based on the trends in  residential development seem to be under supplied and positioned to be great potential locations for new climate control self storage. 

But cashing out stocks to buy RE, I could see that playing into it. 

We can put $30k down and refinance in 5 years but the agreed upon terms are payments during the 5 years would be based on a 30 year term.

@Phillip Rosin - Based on the info you provided, I recommend that you start with a Fix to Rent short term loan to purchase the property and rehab it, followed by a cash out refinance into our DSCR loan.