.- You will have to come out of pocket for the arears, fees etc, just to get into "contract" some times $20k or more and all you have as protection is the word of someone who's proven to be unreliable and a signed piece of paper... 

The PG is worth as much as the paper its written on.

A lot of deals can look great on paper.

Neither have time for manual follow-up, paper Contracts, telephone interviews and other procedural steps typically required to complete a deposit and booking.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

.- Just be sure you fully understand those higher risks, so you're not blind-sided about why you're not getting your on-paper returns. - Also, Section 8 is NOT what most investors think it is - or else demand would have caused the returns to drop.DM us if you'd like to discuss applying the above to Detroit market:)

Whether you’re looking at SFHs, duplexes, or other properties, it’s important to pair on-paper data with boots-on-the-ground knowledge to really get a sense of values.If you’re considering anything serious in Detroit, I’d recommend connecting with someone who knows the market inside and out.

I have to decide if im going to use a new injection of capital from the sale of my primary residence to:1) Hold in treasury bills at 4.5 percent until I find another property to purchase2) Pay off one of two existing mortgages, one at 3.75 percent and another at 4.5 percent3) Just find something to buy that beats either of those percentages on paper and be done with it4) Possibly loan out some hard money/broker it to a friend to allocateIts never an easy decision, but its a good problem to have.

One can write a lot on a piece of paper and tenants will sign it - and then promptly forget about all of it and misplace their copy.

There is a cumbersome way to do it on paper forms, but you should not.The only sensible way is to submit your 1099s to the IRS online, however not directly with the IRS.