Is it customary or normal to also ask for a digital photocopy of the receipt for the expenses?

Meanwhile the rents and inflation have continued to increase, giving them astronomical ROI (triple digits).When the rents are frozen, or unable to float to meet demand, its a barrier to entry for new investors.

I make $100k a year off 16 properties in the Metro Detroit area..and with $100k you could buy 2-3 of these and get a nice start.Here is an outline...Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- Tennesse has caught my attention as well...but when things aren't broken it's hard to change... following along to hear what other have to say...Here is a pic of my portfolio if you want see examples..

In terms of IRR, you can expect publicly traded REITS to have IRRS in to high single digits to mid teens and Syndications in the mid teens to mid 20's or higher IRR. 

Our motivated seller leads go through a 2-step process: (1) they enter our digital funnel and fill out a form to be contacted about receiving a cash offer; (2) we then phone-screen the homeowner to extract additional information.

Evolve does do a mandatory damage claim policy that the guest pays for (And I don't know how much Evolve is keeping as a % of that fee ) But I've used it at least half a dozen times and I really dig it.

If you need other people money to grow you will need digital marketing skills.

@Daniel Weber I’m only a sophomore and I pay my own way, cash out of poker for school I took one loan to cover the rest of this past semester which was around 4K I have very little debt compared to most people I know my age.

Inspection report says: "Using the Smart leveler digital leveling system with the center of the living room as the reference point the inspector observed the following:1) 1" inch drop from the center of the living room to the back corner of the primary bedroom2) 1" inch drop from the center of the living room to the center of the primary bathroom.3) 3/4" inch drop from the center of the living room to the pantry.4) 1" inch difference from the center of the living room to the back corner of the living room."

More on that later, I'd have to dig it up and see what was wrong with it.