Everyone says its so easy to invest out of state, but without the right team in place it can be financially dangerous.  

Scale is key w fewer folks financially able and skilled to take down 300 unit opportunities enabling more upside.

You have the principle correct but as Jeff Beard notes, using 100% borrowed money on the front end is a dangerous strategy; you are simply refinancing the financing, which is different than pulling your own cash back out of a house.

Hi @Sophie ParthesiusOgden is the fourth most dangerous city in the 45th most dangerous state.  

Warm Regards,Erik Welcome Erik I am  no pro by any means just know enough to be dangerous I guess.

., you will find fewer and fewer customers desiring your service. 

Your blanket statement that insurance is always better than an LLC and all you need is dangerous advice.

Detroit is still a VERY dangerous city and it will remain this way until the race and poverty issues can be solved. 

I will add that although we had fewer calls - the calls that we did receive were quality calls, and the interest seemed to be a longer term rental. 

I am thinking maybe I should hold off and buy fewer more expensive properties to ensure I don't have ten or so on the market all at the same time, when I will hopefully be trying to execute the final part of my plan and consolidating all of my capital for one property.