This was back when Detroit was much different than it is today, way before Quicken Loans and Dan Gilbert, back then you didn't stop at red lights if you know what I mean.

(I actually did it with my husband years ago because the 1065 form didn't put as much a red flag home office deductions).

Prior evictions are most-definitely a red flag that you cannot ignore. 

Guestimating about 100k repairs... new boiler, hot water tank, refinish hardwood floors (there’s currently thick red substance on it, I think that was from the carpeting that was pulled off), new fixtures and lighting, total remodel kitchen + appliances and bathroom, converting 1 or 2 half baths into a full (see below).

That's a red flag for sure.

Bold graffiti art, posh interiors, timeless family portraits, and Philly cheesesteaks served on silver platters will transport guests to the lap of luxury — auntie and uncle not included.

Despite the bold THIS IS A SHARED LIVING SITUATION disclaimer at the start of every advertisement, a lot of potential tenants still think it's a private apartment.

Do you find a lot of red tape investing to rent with condo's?

This is indeed a bold move and requires a level of stoicism and courage.

The interest rates are higher, but there's also a ton less red tape and no personal documentation.