FY 2024 $fmrtype$ Fair Market Rents Documentation System — Select GeographyI hope you can open this link, I don't know if it will work on this post, if doesn't you can DM me and I can send it via email to you.I'm investing in Montgomery now, C class properties, section 8 and regular rentals are about the same $$ in the area, I try to target Spanish tenants and has been working well, I'm new on out of state investing only 5 months but I can't complaint, everything is working great, the cash flow is good!  

I'm married, have three kids, and I live in an upper-middle class type suburb with the lawn and the white picket fence and it costs so much these days to keep a family there, it makes me worry about the future for my kids. 

.$100k for a 2/2 is high for the City of Detroit, unless at least Class B.So, you should take time to understand the NEIGHBORHOODS in the City of Detroit.You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseContact us with any other questions:)

Do not use prefab in B+ or above class (and maybe not b class if owner occupying)   For cabinets look at better cabinets and granite or h cabinets.  

I also recommend you discuss this with your tax advisor.There are many other alternative asset classes to invest SDIRA funds into. 

This would mean your class of tenant causes more damage than expected, or hail destroys your roof *every 5 years* or something similar.

Here are some examples- 3/2 in class a rents for $6k in my market.  3/2 in class c- rents for as low as $2.5k.  

The forums are full of self-managing landlords who make little mistakes that turn into big mistakes that cost them years of cash flow (or more).If you want to be a DIY landlord, I recommend books, blogs, classes, or other resources to educate yourself quickly.

The Trustee of the REIT can buy and sell properties within the REIT without triggering a capital gain event to you as the investor, however, this flexibility also allows the operators to potentially add properties to your investment portfolio that may expose you to risks or asset classes you were previously unaware of.There are a couple of sponsors I am aware of that carve individual properties out of the REIT, into a DST, then pull them back into the REIT at a significant mark-up to the DST investor.

You can exchange 1 property into multiple properties in locations and any asset class (farm, office, single family, multifamily).