If the insulation is in decent shape and not covered by combustible insulation, and not terribly overloaded, it might last many more years.

Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!

Looking back, I think the rental market has been slow in general since last fall, with rents falling on a seasonal basis.

Hello BP Community, it's been awhile since I've last posted or have had downtime lately.

Seasoning is the time period between from closing of the last transaction to the closing of the new transaction. 

To minimize time the property is vacant, have the Realtor coordinate with the existing Tenant for the last 30 days of their occupancy for showings so you have the best possible chance of securing a new Tenant without a break in between.I would love to know some of the details of your property, and do a rental rate check up to confirm you have the right price. 

But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.

The last lender I’ve tried to get a pre-approval had a, imo, patronizing response saying,”Although lots of people talk on social media about buying a three or four unit property with only 3.5% down in practice it almost never works.”All lenders who I’ve tried to give a pre-approval for has tried to sway me to switch to a 5% conventional instead.

Last, I would like to also say that if a company WERE to sue a BiggerPockets member for defamation in a forum thread, that I would be very interested in covering the situation as a news story.

I've only evicted a tenant through the court system three times in the last ten years, but I remove about a dozen tenants every year outside of the court system, all legally.Any tenant can move out in two weeks.