Is it worth the risk if (a) the tenant is non-compliant and an eviction process is needed and/or (b) there could be major repairs needed. 

It's a strategy where you buy a property below market value, renovate it to increase its value, rent it out for cash flow, refinance to pull out your initial investment, and then repeat the process with another property.

Terms should not be changing so late in the process.

Was in a purchase agreement with a “wholesale company” from CO. They marked X optional for EM. Closing date was 2/29/2024. company said end buyer would put down EM and escrow would then open. Figured out after signing...

Discovering the concept of house hacking ignited a passion within me, prompting deep dives into podcasts and books on the subject.Currently in the NACA process since June 2023, I anticipate viewing properties by March.

I'll share with you what some of my processes look like, starting from the initial phone call.

There are registered agent services that can fill this role for you.

Often times I find that it is the buyer who made the wrong choice in selecting the realtor in the first place - and it belabors the process for all parties and makes the buyer appear to be amateurish at best. 

@Danny Van you can also attend Oakland REIA and MREI, both held monthly in Troy.Regarding what to do, first you'll need to call the City and get their rental application to fill out, pay the fee, submit and schedule the inspection.It's mostly a health & safety inspection: smoke detectors, a CO detector near furnace, handrails, GFCI's. etc.WARNING: Warren doesn't really like landlords, so they can be picky about previous work done without permits - even if it was done before you bought the property!

BP is filled with information and the community is eager to share.