Too many rules and regulations. 

I can't post much publicly due to BP's self-promotion rules, but if you have any questions, send me a message, or reach out to our support team who would be happy to help.We have almost half a million users using our platforms daily who absolutely love them.

Quick blurb about the new out of county landlord rules.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Look for undervalued properties.Network: Connect with local real estate agents, contractors, and other investors for insights and deals.Analyze Properties: Use the 1% rule to evaluate potential properties (monthly rent should be at least 1% of the total investment).Secure Financing: Explore different financing options like conventional loans, hard money loans, or private lenders.As for timing, if you can handle the extra responsibility, starting now could give you a head start.

I know people that do great with $150k homes but also $650k homes each with different strategies but I do believe in the Golden Rule, location x 3. 

From simple rules like permits to outright bans so that is a huge risk IMHO.

Want to give you kudos for using a servicer as there are very strict rules to follow to comply.

Tax on Appreciation is deferred and can be put off indefinitely with current rules.  

The problem is the equal or greater value rule with 1031.