After that you will be able to easily find a lender to do a refi for you using 30 year terms.I understand you guys probably prefer to leave them in the LLC for asset protection but unfortunately that doesn't jive with your goal of refinancing your money out of them.

I understand that the return per dollar is lower there, but the return per hour can be higher.What are your niches?

I definitely second my good friend @Timothy Stauffer ... you can get great returns in Wyandotte, especially in good areas, and with a nice rehab.

Sheet Rock Crew - Most DIY'ers can do sheet rock work pretty easily. 

And to answer the question from @Emily Kessler at least in Wisconsin you have to be with a broker, who is ultimatley responsible for anything you do and usually expects in return about half of your commission. 

You can easily make a few hundred in a weekend.Find a part-time job doing handyman stuff for other investors ($25+ an hour)Go through stuff you own and sell it on CraigslistDrive for UberTaskRabbitMow some lawnsGet a higher paying full-time jobIf you are wanting to make this real estate thing your life, you need to eat, sleep and breath it.  

Pike township.Purchase price is $119,900Rent: $1,17520% down + closing cost: $26,858Principal + Interest (4.75%): $500Property Tax: $200Insurance: $60HOA: $18Property Management (8%): $94Vacancy (5%): $59Maintenance (5%): $59 Assuming I get $1,175 I am looking at $185 cash flow for a 8.2% CoC return. 

Go to where cash buyers work....at the courthouse steps buying at foreclosure auctions.If you see a guy bid on and/or buy more than one property,they are or work for cash buyers with lots of investment cash or lines of credit.Walk up to them after the auction and compliment them on their property purchases and offer to bring them more just like it before they get to the auctions.Ask for their criteria (sizes,locations,ages,numbers of bedrooms,condition,etc).Promise to follow up with them ASAP with a property they might like to inspect and purchase.Go to every courthouse you can get to in a few hours driving and you could easily create a list of 30 to 40 real professional cash buyers who act fact and know what they're doing to be profitable in this business.

We invest in Bedford like crazy and have great returns.  

Underwriters are going to look at the cash flow from your tax returns in analyzing the rentals.