Again I like Buffalo potentially.

Part of a PMC managing almost 700 doors in Metro Detroit, around 100 of them S8.Also try to help newbies out here in avoiding the multiple scams in Detroit investing.

For $30,000 and what they claim you will get this is complete scam.

For example, I think it would be nice to have a 20 year spreadsheet for LTR showing 2 roof purchases at the 10 and 20 year mark (assuming 10 year roof) and then each system listed with its expected respective replacement year to get a picture of potential capex spikes,This may lend to moving replacements expeditures around to balance the outlay of capex dollars over the life of the property.Thoughts?

The main issue that I have is that the tenant has 2 more years left on the lease and in order for me to fix all the mess in the basement I would have to remove tenant. all plumbing, electrical and structural is potentially dangerous.How do I manage repairs if tenant doesn't want to move?

It all comes down to where you balance your personal perception of risks to the potential reward.But, in hindsight, I sort of align with Melanie.  

My Strategy:- Buy with primary goal of renting in the future- Live-in flip for the first 1-2 years to build equity and increase potential rental price Exit Options:- Refinance and rent the property, using equity and savings to buy again, move in, and repeat- Pull equity that built due to small renovations done over 1-2 years and purchase another property w/ intent to rent, staying in this first one- Sell/1031 (thanks to forced appreciation from reno)Will this work regardless of the asset being a townhome or SFH, or am I missing something? 

Either way- I prefer this for several reasons:-Cable boxes are an absolute scam.

If you are looking for a challenging investment with the best return potential, I would look at Puerto Rico.

This approach aligns with my preference for immediate equity and the potential to replicate this strategy with a second property by year's end.House Hack a New Construction Duplex: I've spotted a duplex priced at $405k that's appealing for a live-in investment.