I'm completely lost at why people would spend money on class and workshop, when they can actually use that money and go find deals a bit outside of the expensive city we're in. $8,000 could got you started on a deal, or do a mailing list of some kind.

Michigan and any other reasonable Midwest city.

We invest in every property type, in cities across the country, with different syndicators or private partners.

Most cities have regular real estate meet ups for investors which is often the easiest way to meet local flippers.

And as you state in other posts, you are in a market with less competition (a city near the airport in the Midwest I believe).  

Plus you can claim depreciation on any portion of the real estate that has debt on it and the gains (if you are in the right city) far outweigh the UBIT/UDFI costs.

It varies for me city by city here in south Florida.

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

We are looking to buy a condo in Chicago as the new rental, for a variety of reasons, but most importantly because it would rent better in the city, and it fits our desired price point (so we can allow for the rest of $$ from the sale for paying off their Oregon home and pay all, or some of the taxes on the boot).