If this is just a one time lease up for a broker/agent that brought the tenant that does zero PM work and just leasing good luck trying to get money back on that one or get something for free on a release.

A recent state budget outlook released projected a more than $2 billion budget gap, in large part due to a new voter-approved initiative to shrink class sizes.

They released me of all my OO obligations.

And thanks for the reply @Dawn Brenengen I listened to the podcast today and I feel like I'm talking to a celebrity.

It citedFBI survey data that found that the city's metropolitan area had a significant rate of violent crimes: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault.[61][62]According to Detroit officials in 2007, about 65 to 70 percent of homicides in the city were drug related.[63] The rate of unsolved murders in the city is at roughly 70%.[64]City finances[edit]Further information: Detroit bankruptcyOn March 1, 2013, GovernorRick Snyder announced the state was taking over the financial control of the city from the local government.[65] The state is requesting a review team to look over the financial state of the city and determine if an emergency manager is needed to take over control of city spending from city council.[65]On March 14, 2013, Michigan's Local Emergency Financial Assistance Loan Board (ELB) appointed an emergency financial manager, Kevyn Orr, effective on March 25, 2013.[66] In mid-May 2013, Orr released his first report on Detroit’s finances since he took the job.[67][68] The results were generally negative regarding Detroit’s financial health.[67][68] The report said that Detroit is "clearly insolvent on a cash flow basis

From what the Masters have stated  the careful selection of Quality, Qualified Tenant Buyers is the key to success with this acquire/release technique.The FHA  Cap for my County  is $271,000 for homes.

Well my wife just told me it time to get ready for the New Years celebration so it's time to stop doodling.

It will be released March 3 2015. 

MatthewIn October (maybe November of 2015) my friend Fixer Jay DeCima will release his 5th published book, THE REAL ESTATE FISHERMAN.  25 years ago, my main attraction to Jay's way of investing was that I did not need to start with a "boatload" of cash.  

(I've a wife and 3 kids now and our needs are different; if I'd have known better, I 100% would have done the fourplex hack)Once you've bought your house, moved in, and celebrated, then focus on getting the rental.