Regulating rent rates creates less inventory and higher prices.

Rents are moving and I would double/triple check so you are super confident in the rates. 3) Insurance seems low at only $3,000 per year for 14 units.

You could find a pretty decent neighborhood in Detroit to house hack.

The problem is their capital is tied up, so I've been asked if I would like to purchase the house and then lease it back to them.Here are some pros/cons that I can think of:Pros:-We haven't agreed to a rent amount, but it will be above market rate.  

the appraisal should have considered the deficit and wether it was actually one on, like just sold, housing.  

My goals with BiggerPockets is to learn about real estate investing and network, my wife and I would like to purchase our first house in the next 6 months.

Though I have to ask where you are finding 4.5% interest rates on investments?

More advanced financials include IRR, Cash-on-cash return, Cap Rate, 5 Year Appreciation values, and all other high-value STR metrics for a solid long-term investment.I helped create the calculator, so if you have any questions, please feel free to reach out.

.)- Ask the neighbors (unfortunately a lot of these houses are in run down areas and the neighbors are transient renters who don't know anything)Pay Sources:- Peoplefinder.com (not too expensive, shows a lot of addresses, married/maiden names, relatives, roommates, etc.

My market has a low vacancy rate.