I currently have 6 multi family houses (20 doors) also I work 48 hours a week at my w2 job and if I want to continue to grow I will need clear SOP’s if I intend to bring someone on to help.

By the way, I'll be attending my first few "Open Houses for Investors" in Detroit this month.

Like get a 100000 line of credit and buy 2 houses each year?

Owner Occupants are trying to scoop these houses up too so you'll have to make your offer appealing. - Anderson, IN has been a very successful area for my investor clients.

So we took the plunge on some cheap Detroit houses and it's been really good to us.

Hi All,When we moved into our house we had an existing structure in our backyard.

I'm also not sure if you could buy a house for $500K. 

It turned out there were aluminum wires so we upgraded the electrical service, removed all of the walls so we could rewire the house (4 bed 2 bath).

A house 3 houses down was for sale and got bid up and we thought it went for too much.

…essentially the bones of the house and have that partfinanced.