There's a part of me that hopes that in writing this, it will somehow make it much more real - so here goes:My five year plan in action (2014-2018) - what's yours?

Hope to connect with you soon.

I'm also hopefully still closing on a new acquisition here soon (delayed due to probate).The areas you're mentioning in Detroit are great, but it's unlikely you'll see positive cash flow purchasing something turnkey in those specifics spots.

In my opinion, every place, every strategy, every asset class, etc. has investors in it making money AND losing money! 

I hope this helps. 

If you have a low DTI, sometimes lenders will just add points to your quote to make the rate look more attractive and hope that you don't notice the buy down. 

I'm at 4.5% or under on most of mine - did one last year that's at 7.25% and another DSCR (no prepayment penalty) that's at 10% (was hoping to refi this year but who knows).

The old playground rule of "cross my heart and hope to die" doesn't quite cut it in the investment world.So, before you dive wallet-first into your next big financial romance, here’s what you should do:1.

It's tough losing a parent, no matter the circumstance.This can be a challenging one.Have they been paying and following the rules of the lease?

I hope this helps and good luck on your real estate journey!