"Thanks for the detailed replySo I have 2 good mortgage lenders, a really good contractor based in Jax's but will come down for jobs, PM I will worry about once I find a propertyIts finding the properties that I am having issues with and using an FHA loan for a MF I dont mind doing but in my area the only things under the 775k limit for a quad are in not great areas so I wont want to live there plus the average person there isnt someone I want to rent to/deal with as its truly D or below class  

Feel free to message me and I can frwd all the 2021 docs to keep compliant.Make sure you collect a security deposit (normally I would not recommend security deposits in chicago) as the roommates tend to just move out with no notice otherwise, even in the class A areas.

You may in fact be responsible for rent until the landlord can re-rent the unit, but the landlord also doesn't get to "double dip" (charge you 3 months rent if s/he rents it out in a month).In practical terms, you may have some leverage as far as mutually agreeing to end the lease, vs. forcing the landlord to evict you to regain possession of the unit, especially in the current environment when the eviction courts are quite backed up.I'm definitely not a lawyer, and you're asking a legal question, so I would urge you to consult one on this.

If I understand your goals correctly I think you should stick with the class B areas in the suburbs, the city of Detroit is definitely uprising but there are still many issues especially if you’re out of state with a low risk tolerance.

Hi Shakiah - this is a hot property class and I would definitely be interested in any viable property you find.

Class of property and location are going to be heavy drivers of the adoption rate.

The long answer to this is that I've recently put together a class on which banks are best for landlords, as well as the separation of accounts for landlords and I'm currently working on ACH set up and how to incentivize this for tenants. 

The more expensive your house, it tends to bring a higher class of renter.

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Value is a function of supply and demand in real estate as well as in all other asset classes.