There are a lot of high character folks who get sucked into garbage Co-GP style guru programs.

@Grace Tapfuma How high can housing prices in the City of Detroit go?

Have to agree with most here in that a SF-> duplex conversion needs some really specific qualities to be worth the squeeze.

Ensuring your rental market can sustain these costs will help maintain profitability over time.The 7% DSCR loan is relatively high, and refinancing later at a lower rate could improve your long-term cash flow.

I'd strongly recommend against a single family home and only target properties with at least 2 units otherwise it'll be difficult to cashflow in this high interest rate environment unless you plan on using a large amount of liquidity in the purchase.

Hey Kenneth - I've never used Zenbusiness but I do in North Dakota we go directly to the state website and open up a "Foreign LLC" whenever we're buying and doing business in other states with properties. 

With big benefit potential of possibly retaining "Graduated" persons who are now highly trained, proficient employees. 

The behemoth cabins in the Smokies are super cool, but other than high season, it's mostly weekends.

You could conceivably start with a 50-story high-rise development.

Have you checked the BizBuySell website?