I would appreciate if you can send some resources to understand the Detroit market.

I have a much better understanding of what to do going forward. 

The price to rent ratio in AC is way better than Newark but you need to understand each and every block there.

What I don't understand is can I negotiate how much to offer for the house.

Hi Tanya,It's important you get the right contractor that understands the needs of investors.

My understanding is that the $480K qualifies for 1031 treatment and tax deferral.

Indy is very inconsistent so it's important to have a local agent or a really clear understanding of where you are buying.

Who ever wrote this does not understand the fundamentals of taxes 

Hey Harinoor, if you purchased the duplex with a mortgage, contact your lender to understand their policy on transferring the property to an LLC.

Thanks for your help in advance and thanks to the BP team for providing this platform.Just on the course of getting to understand how well my investment is going to work well for me and give me a good ROI.