Do a couple open houses to invite interested applicants and explain or ask a couple of questions or statements; rent should be 3x the rent, 3 years of rental history, 3 years of employment and no evictions.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

With private lending typically deals are around 12 months so every year you need to put that money back to work.

A few years ago I 1031 to multifamily properties about 50 miles away.

Conventional 30 year fixed 8% How did you add value to the deal?

The returns I've seen as far as cash flow are decent, but what attracted me are the typical long term leases with rent escalations every year.

I've been a part time RE investor for about 10 years.

Anyone else hear of passed legislation mandating the property managers in addition to property owners are now responsible financially for any repairs not done on properties, taxes not paid and rental certs not submitted/paid for, lead based paint fees/apps and required work, HVAC certs every year and proof utilities (water/sewer) as paid, and general compliance matters?   

-It is on my to-do list to look into an LLC for next year but in the meantime I have an umbrella policy for additional liability coverage.

I’d like to put a primary mortgage on it during renovation (once livable) to get the 12 month rental clock rolling.I know that I must live in this house the “majority of the year”.