I rented a 4-bed house in Royal Oak, then got 3 roommates that I charged each 30% of the rent, so they covered most of my  rent.You can do the same if you buy a house:1) More rooms the better, if renting to fellow college students.2) Can YOU live in the basement?

It seems like it basically up to you to do the math on how much more you will potentially make selling each unit individually and then deciding if that extra $$$ is worth the number of extra hours you will spend.

The shorter the cash cycle, the more expensive the marketing channel.

Quote from @Stephen Predmore: @Christopher Baldwin On the main Forum page, you should see a magnifying glass in the upper left corner of the page.

@Najeh Davenport  Start with the local zoning office. 

Has anyone purchased homes off of auction sites or even in person?

It's not really about the area, it's about the spread on that deal.

Can someone please let me know the mechanics of the recording process on an owner-financed deal?

They could positive cashflow and i believe there should be good rental demand from student population but i am not sure about the scope of appreciation in the area.

I'll wait to see after January how the market moves.