However when my tenants move out I will also use the Mayistay APP and let my fellow owners and landlords know what I thought of the tenants.

How high can housing prices in the City of Detroit go?

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?

I partners with these two owners on a deal that just foreclosed recently.

You need a lot more pictures that showcase the great things about your house.

If I wanted to convert solely to me as the primary (investor/owner)..in the transfer process (to me solely) a complicated one?

My ideal time to have an appraisal complete is post renovation of the house, but BEFORE the tenant moves in.

Houses are mostly at least 450K in the area.Thanks for any insight!

@Jordan BrownAnother vote for house-hacking.