Our HOA by laws state that I cannot rent my primary residence, I must sell it in our community.

I am a first time out of state investor interested in buy my first rental property in Detroit that can cash flow after fixing and gain equity.

The records state she had a hearing for it yesterday and a bench trial set.

@Braden Heard start farming & growing your personal network to find deals that you can start out wholesaling, then flipping, then buy & hold as rentals to build wealth.Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

, it might be stated “What is your expected gain for this investment?”

Hi Shana, I'd recommend that you look into Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.

I do flips in different states and countries, so it makes it more difficult to keep an eye on the properties but sharing all the lessons I've learnt the hard, and expensive way.  

In fact, one article I read claimed that 1/3 of luxury purchases this year closed for cash..It can be frustrating for a buyer to invest (usually months) scrolling real estate websites, (or weeks if you read our newsletter :) but in all seriousness I would say for every two offers made, one transaction ultimately closes. 

If you want to invest out-of-state and not occupy, you need at least 20 percent.

If the owner was responsible for the booking, and you are simply taking care of people as they are there (you mentioned that it is a BnB), AND your contract does not state any terms for canceling they probably can do whatever they want.