You can also charge based upon tenant qualifications = chance of damages.

Are you Military and have to live off Base?

I am currently active duty military serving at Joint Base Pearl Harbor Hawaii.

It was owned by the Detroit Land Bank.I assure you this isn't about an uneducated investor dropping $200,000 on a house that's like worth about $130k.

Based on the above projections I receive, I then "run the numbers" to see where I project to end up each month.

By the grace of God I've managed to hang on to most of my family's Farm from government aided land grabs and I'm looking to educate myself on the various options available to me for an exit strategy of this property.

Secondly, I was looking for some guidance/advice on where to find land.

Choose your plan based on your money goals, how much risk you can handle, looking into the market, and how long you plan to invest.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

The answer is that a 1031 provides tax savings and/or deferral based on the situation.