Set those goals.

Do they set up and pay for water, trash, garbage or does the landlord take those on?

We try to meet every other Friday at 9am PT and I also set up a whatsapp group for us.

Basically, they name everyone because they’re hoping and counting on the fact that people set up their own LLCs and didn’t adhere to basic entity maintenance and kept things separate (like bookkeeping and separate bank accounts).

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

It's much easier to set things up right than to have to transition them later when you have multiple properties and many, many transactions.

You can use the "website" button in my signature below to set up a day/time that works for you.

To avoid that, set a firm, realistic budget from the beginning and make sure you stick to it.

I’m not completely set on only doing out of state.

Quote from @Neeta Agrawal: For context, we gave the tenant a 60-day notice for non upkeep and no repair communication in 2023 and then extended it for 30 days upon his realtor's request, setting the move-out for May 31, 2023.