We are both pretty conservative and as such we thought maybe something small like a mobile home would be a good place to start.We would love to hear people’s thoughts and we are interested in connecting with people and hopefully finding some mentors. 

Currently, i have thought of hiring a lawyer to draft a lease, but it seems they make it as long as you want it.

Would you share some thought on the prevention measure on some of the items you mentioned? 

I believe the best thing you can do if this situation occurs to you and your appraisal comes in lower than expected is to be prepared with valid comps of your own to make the case against the lower valuation.

The folks telling you a high-yield savings account is your best bet simply aren't real estate investors.They are people that purchased rent-ready homes from the MLS when interest rates were basically zero and thought that's how things are done.Maryam, I know you've looked at Detroit a bit and we've had a couple messages about that market.

You may want to consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist who is willing to work with you throughout the year, not just when preparing your tax return.

@Troy WelchTypically CPAs will charge separately for tax preparation and tax advisory.

Wanted to get thoughts on this if anyone is familiar with multi family property insurance

If one doesn’t exist, what are your thoughts on a site like this?

Any thoughts on this?