No single man with a cat can be trusted, and most are mentally ill. 

We both live in MI and my current plan is to invest in single- and multi-family in solid, path-of-progress neighborhoods in metro Detroit, and also get some larger SFH's in the more expensive market where we live and do rent-by-the-room/co-living.

I just want to get into a deal so i can immediately utilize this experience.

Are you looking to invest into a passive vehicle or are you able to utilize the funds in more of an active capacity?

A traditional single-family rental may net you only $280/month, whereas a co-living setup can bring in over $1,100/month from the same property.4.

It has opened my eyes to how single family rentals really work.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.

Add utilities, lawn and pool care $800-1000.

I started with single-family homes and then moved on to condos, typically holding onto properties longer than I probably should.