Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

Thanks and Good luck for everyone!

I use the work tenant is quotations, because the lease was not signed with an individual, but rather a LLC for a property management company who subleased the home on AirBnb. 

Defer costly repair and wait to just replace? 

Good morning all....Your thoughts on sending surveys to your owners (landlords) and to your tenants asking how you are doing as their property manager?

We're under contract for a SFH that is currently in use as a STR.

Will definitely reach out to some lenders and see what they do around these sorts of things.

Thanks for advice and help, Michael.

Been living here for 5 years and owned it for 3. 

Hi all,Was just in Michigan for an extended stay and was wondering if anyone had any thoughts on the Detroit and the surrounding cities for possible long-term rentals or flips?