Welcome back, John!

I would rather control and hold title if buying property with seller financing rather than doing a Land Trust where the seller remains on title. 

Welcome to BP~That’s a nice looking property.  

Evictions are quick and easy (just a few weeks, faster than most states), judges have always been 100% on my side, sheriffs conduct the move-out quickly with no fuss, there’s no notice required for owners to inspect or enter the property if they want to (I usually still try to give some notice out of courtesy, but it’s nice that I’m not required to), rent control was prohibited entirely across the state in 1981 (recent efforts to overturn that have failed), HOAs don’t have much power here (max fine is $500 for non health and safety violations, they have to give ample notice before any fines, can’t foreclose over late fees or fines, etc.).

I would rather be able to physically see my properties and check on them frequently and have more control over them. 

Thanks much Jay,Aussie Aussie Aussie heheG'Day Kim,Welcome to the wonderful world of investing in US property hehe.I just exchanged a few emails with the Australian Property Investor Magazine and they'll be writing a few articles about my experiences here so that should be out sometime in April 🙏These fella's are your "Go to" for anything and everything Detroit.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Too controlling when you own the place, and frankly not needed.2) To be honest, you may not get a more precise answer than a range of "losing" 5K a year, to making 5K/yr. 

Hi @Nicholas Keller if you would like to see house hacking first hand you are welcome to tag a long on showings.   

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