@Greg M.   I

@Benita Matheson- thanks for the post and congrats on the FHA purchase -  as this is was an owner occupied  loan - you  will need to  approach the next propert as a rental  purchase and this means that the  down [payment required will be  15% or more  or the price  ..also to note -  gift funds are not usable for down payment on  rental properties  .....after being in the  rental for awhile  ( >1 yr) - you can  consider  buying   the next  property as your primary  and  renting the 3 units int he FHA property ...also worth  noting - getting the  FHA loan  refinanced  should be  soemthing to keep in mind as a goal ( as the FHA MI is permanent )  ..this might be tought due to the  rate environment right now - thanks 

Investment Info:

Condo fix & flip investment.

Purchase price: $25,000

Cash invested: $8,000

Sale price: $65,000

Started as first residence then turned into a rental pre-covid. Had some issues...

I’m looking for Michigan CPAs and attys that ALSO personally do REI.

My name is Antonio, I'm from Miami, FL and am currently flipping and buying rentals in Detroit and Flint, MI.

I am currently in Midland MI and looking to start investing have made a few contacts in the area.

Get the max 1.5 security deposit Michigan allows.FYI - don't be so cavelier about "evicting them either way".

@Daniel C.Check with an agent that knows the laws.Mant cities in Michigan require a bedroom to 1) have a closet and 2) be at least 80 square feet.

Michigan.

Some neighborhoods that come to mind are Brightwood, Takoma, Manor Park, and even parts of Fort Totten, Brookland, and Michigan Park.