I'd like to think it was some source of inspiration..

Slow the roll here a bit.In the United States, we have tax treaties with other counties which essentially state that US sourced income is taxed at 30%.

@James Syed commercial brokers can be a good source of the market Cap.

Solid Source Realty...

The problem is that many lenders underwrite to stricter guidelines than fannie/freddie because they want multiple sources to sell the loan to.

Jason: While more and more assessors are getting sales information online, it's typically not as up to date as MLS or other real estate data sources.

You can use that comfort/knowledge to source great deals and if the Detroit market does turn around, you'll be poised for big payoffs.I personally would not move to Detroit and start investing there, but I would not want to move from a place of familiarity to a place that is more expensive to invest in.

Also with FHA you can go up to a 4 unit, that may or may not be something doable but it's something to think about as you look at getting started.Here is the ultimate guide to tenant screening, which is probably the single best source to get started with.

You (or somebody you hire) needs to determine the source of the water causing the mold.

On your application form, you should ask for other sources of income and finances - where they can list scholarships, research grants, student loans, etc.