Some years ago, I read of a CEO of a major company in a similar fix, sued by stockholders, bought a home, actually an estate worth $137 million, shielded his personal fortune that way, and raised some eyebrows.Apparently the liability insurance for the S Corp didn't cover the husband and wife personally, so they had to separately hire their own lawyers.

Fortunately, my husband is Real Estate agent now, so he  has access to MLS,  I took the RE class also, but I was still working as  a nurse.

Fortunately, we were able to breakthrough communication barriers.

Bad idea - pay rent first then you can talk about hiring him if it needs paint - make sure you approve the paint colors - if he paints it bright purple then you will have to have it repainted upon move out and it will cost a fortune to cover up the purple paint - also think about this, if he does a bad job and you don't pay him, he can file a mechanics lien on the property until you do UGH - you don't want that - have the proper docs in place before you hire anyone - scope of work, pay agreement, general release and final paycheck - this will protect you

@Brittany Sanchez Another vote for cozy.co  Just today I was fortunate enough to resolve an issue for a client by logging into cozy and getting a clear picture of outstanding rent payments. 

Here are some recent stats on the area that supports why.The median home price in Metro Detroit area quadrupled between 2009 and 2016, going from $40,000 to $165,000.With the increase in the median home price, financing has becoming more attainable for investments in Metro Detroit area.Eleven Fortune 500 companies with Michigan headquarters are located within Metro Detroit.Ford is investing over a billion dollars into a new manufacturing plant in the Metro Detroit area.The median rental price is $1,050 in the metro Detroit areaMetro Detroit rents increased nearly 6% year over year in 2016.Vacancy in the Detroit metro area has fallen to below 4.00%.

He is fortunate to have a great pension with his work. 

I have had it for a year now and fortunately haven't had any issues.

Fortunately, I have not had one of these as a loss and my investor made anywhere from 13 to 23% total APR.Your local REI Group, some realtors will know of good investors and just watch to see who is doing deals.  

I'm not fond of selling off something unless it TRULY benefits someone less fortunate than me.