Hi all,I'm doing boots on the ground research in MO for multifamily (2-4 units).  

It feels like a gimmick.

Like I said, I am not telling you to sell your property Sub2 and I’m not telling you not to. 

I personally choose to utilize the traditional LLC for my first few properties and it has treated me well.

Detroit is a tough market and you need boots on the ground who know what they're doing.

We have a well known RE attorney here that says we should be able to quiet the title but it all makes us very nervous.

I got lucky that the tenant wanted a house in my neighborhood to keep kids close to their schoolsHouse was listed for 1750, they offered 2250 but I declined , so they offered $3k, ended up renting the house for $3250 ($250 pet rent) per month, for 3 month, open to extension if needed.I met the tenant and did the background check on them, I felt comfortable renting to them THD takes time with approving the property, but they were quick to approve the lease, and they sent me the checks the next day after lease signingMy house is not furnished, and they were ok with that , they actually work with a company that provides furniture for the tenant, and they coordinate the delivery and setup of furniture on the lease start dateOverall I like the experience working with them , but hey today is day #1 (out of a possible 3 months), so I will update this post if anything wrong happens or if I notice any red flags

Commercial brokers only like to work with other commercial brokers generally so if you do find someone you like on your side, they need to be commercial.

One consideration is your expenses are higher and you do have the cost to furnish, so it's not all sunshine and roses, but if you buy it right you can do really well.

@Clay Halli like your slow and steady response.