Smaller renovated Lakewood two families (less than 2000 sq ft) can be bought under $200K (sometimes under $175K) but rents potential much lower (e g $900 vs $1200 a unit)Clifton Edgewater (west of West Blvd, north of Detroit) and Kamms (area just south of Lakewood) along with Lakewood have always been strong areas and are priced at/near Lakewood (and to some extent share the same tenant base).  

I close on a brand new build next week.

I am co-owner of Triple E Real Estate & Property Management.

If you recommend one over the other do you have brands or types you recommend?

Are you reporting it on Schedule E or C? 

While lower-income tenants are the largest group to be evicted, residents of brand new subdivisions where townhouses rent for nearly $3,000 a month have also heard the constable’s knock.

Which would make the LLC disregarded and the property would go on your individual tax return on Schedule E.

The EPA has published new lead paint standards. https://www.healthday.com/health-news/environmental-health/e...All five of my rentals were built well before the end of the lead paint era.

Chris I agree that the administrative burden drives minimum investment amounts higher to make sure the juice is worth the squeeze to the sponsor.

Deal is ready to close Escrow contacts lender for funding and then the excuses start and or they just ghost them.Once caught basically all websites are taken down phone numbers e mails killed etc etc..