Maybe talk to your co-workers to see what their commutes are...that would be your best indicator of good/bad areas to live in as far as your particular commute.

There is so much potential and passive income available to be retired/comfortable at 25-30!

As far as I know you need to wait until closing before doing anything with the interior of the house.

Yes, the income after taxes and insurance will be just under $600, but there is so much more that goes into the ownership of this property.

I have gotten as far as figuring out the 25% standard withholding tax, and filing the section 216 to have that withholding done on net income rather than gross, just wondering if anyone can add some insight to the process or point to some good resources and or professionals that might help give me some insight and confidence, or point me to best practices where this is concerned.

As far as wholesaling, you don't need very much of out-of-pocket money for that.

It is so important to digest all the facts, strategies, opinions you can into a document that allows clear and concise understanding by the capital partner.  

.- he had a different contractor begin work on the property without permits, as far as we can tell (there is no paper trail- permits, receipts - nothing). - they did plumbing, electrical, demo interior, installed duct work, new sheetrock and sub floor,  kitchen and bath cabinet, counter, sinks, tubs, toilets, tile work, and new windows throughout.- additionally, he purchased light fixures- interior doors- and appliance packages for each unit which are all sitting in storage now.- since he did not do the roof, there is now water damage from the leaky roof, to some of the new sheetrock and sub floor.Here is where we have gotten so far:**read a bunch of info on NOI, Pro forma, CAP, and looked at other delapated multi family buildings that have sold in the area. 

In the latter (West Van), I'd say you have nothing to worry about walking neighborhoods alone; in the former (that part of East Van), I'd suggest anyone (especially new to the area) would want a second pair of eyes to "watch their back".Same likely applies to lots of different areas of "Detroit"; some are bound to be great/safe/beautiful whilst others will be more "war zone" style - can't lump it all in to the same bucket :)As far as the airport itself though, can't imagine why it'd be a problem (I can't imagine any major US airport being a problem given how much law enforcement presence there is at all of them) - having flown there myself, it's plenty safe and fine with just the usual airport stuff to watch out for (folks who aren't authorized to provide taxi services trying to solicit in terminal for example or what not else).

It was an unbelievable undertaking, but we pulled it off.Investment-wise, as far as real estate goes, I'm reading everything I can get my hands on, researching the local market, and trying to decide where to start.