I live in the Grand Rapids area as well.

If Grand Welcome is in your market, I'd give them a call

Sounds like a great deal to me, even with a $40k account.In the grand scheme of things, an extra $200 per year for a WY holding LLC is peanuts. 

There have been some grand experiments in the history of this country that have worked out quite well, though.

But it looks like you have to drop a couple grand to join and get 5-10% of wholesale deals that you bring to them. 

Higher End Neighborhoods- Piedmont- Temescal- Rockridge- Elmwood- Adams Point and Grand Lake- Uptown and Downtown2.

I used to always say I was going to trade up as my unit numbers got where I thought they should be but as a property manager of mine once said " Dean, why sell something you know hoping for a better situation, Just put the cash flow towards another one and you will soon have another one you know just as well"  I haven't sold one yet, I guess if the grand kids want to sell the choice is up to them.

It is a total homerun...maybe a grand slam.

The point here is that you don’t have to start off with a grand slam.This approach served me very well as I never got too over my head with my investing. 

Tenants do dumb crap all the time but it's not really gonna be the biggest worry on your plate in the grand scheme of things.