that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Once you're ready, create a goal (e.g.

Joint Ownership with a Formal Agreement: Another option is to keep the mortgage as it is but create a formal agreement where your sister-in-law is no longer financially responsible for the property.

In early 2022 I was working with a lender/broker that was offering 10% down on investment properties of 1-4 units, more recently some examples include 15-20% down on investment properties and 10% down on a Jumbo exception second home purchase. - Investor incentives.

"Please be advised that FORMER OWNER has no further responsibility for this property including your security deposit."

Within the letter include every lease provision that in your mind a fraternity could run afoul of.

Keep in mind that the maximum amount includes utilities.

I used following prompt for ChatGpt to create a template for this purpose (you can tweak it to your liking):PROMPT:You are the owner of a single family home and you want to rent it out.

When offer on off market properties, I usually include a cash prices and financed prices. 

Develop a Financial Plan: Determine how much of your equity you're comfortable investing and create a budget for your real estate ventures.