SB1212This bill, on and after January 1, 2025, would prohibit an investment entity, as defined, from purchasing, acquiring, or leasing an interest, as defined, in a single-family dwelling or other dwelling that consists of one or 2 residential units within this state.

The additional time to close will more than pay for itself in the long run! 

If you haven't caught up, here's the tl;dr - I acquired a bunch of properties last year with a turn key company called Own It Detroit.

Going to be tough to find a cash out at 80% and if you do I would be cautious about additional/potential hidden fees.

So... you can certainly be 'RIGHT' and still be a horrible investor making nonsensical arbitraty decisions or you can just be an investor and look at if from that standpoint - sure, you can decide to nickel and dime for additional Tenants and you would be even more justified if you are paying Tenant utilities (if this is the case).

Background: we acquired a property Dec 2021 using the subject-to strategy.

I interviewed a sales rep last week and felt good after the conversation.Worth noting I have no experience using them yet personally, so would recommend additional due diligence if you consider. 

If so, expect to pay an additional 200 a month or more for water, 300 for electric, and a LOT for gas over our long cold Michigan winters.

I'm thrilled to introduce myself as a fresh addition to this incredible group of like-minded individuals.

Prcyd pricing is pretty competitive for most people and offers additional value like some data scrubbing and valuation Estimates.The only other service I've seen people using lately is LandVision (LightBox).