Hey Michael, looks like you've got a few uninformed responses here so I'll provide you one from someone that actually invests in Detroit.I live in California now and have 12-doors in Detroit.

This could provide more opportunities for investors to find suitable properties for flipping.- Interest rate fluctuations: Mortgage rates are predicted to decline, potentially dropping to around 6% by the end of 2024.

Tell your tenant the payment bounced and give them 72 hours to provide you with a cashiers check or money order so it doesn't bounce again.

I’ve heard that rolling paint provides for a better looking finish over rolled.  

Id guess a current appraisal would be somewhere 150-170k depending on how nice the units are cleaned up.I know I am not factoring in appreciation, the plan was to purchase in cash have decent cash flow as a better means to invest money that was not doing much.

Depending on the state would be a huge deciding factor in how your entity is set up.

Quote from @Luis De Jesus:The link provided by Bjorn should tell you what you need to know.

I have a silent partner that wants to do flips with me, he will provide the capital and I will provide the work.

@Jonathon Weasel headTough to answer - it depends on the interest rates on the loans - if the interest rate on the car is low then I would say no do not pay it off but if it’s higher than what you can get for an investment then yes pay it off

I've (well really my wife) sees anywhere from 50-150%, just depends on the apartment.