That’s when I knew it was time to hire my next employee — an Acquisition Manager.I found Milton using a paid Facebook Job post ($60), and he took the business to another level.

As for the flood plain tolerance levels between investors vs. primary residence owners, that makes sense, to a degree, of course...I know there could be some reluctance from renters as well, which I need to account for. 

But don't let the level of rehab stop you.

Being out of state bring a whole another level of complexity, my advice would be to find a house in a B area in Detroit or in the suburbs, ideally with only cosmetics repairs needed (you don't want to open the walls on a house built in the 30's), find a good property manager, put a good debt in place and repeat the process. 

I'm a new REALTOR and I was wondering how do I get into property management. How do I get certified?

Also for a cooling source with a multi level home in any place that gets hot summers, in the attic is a better option being that it is closer to the hottest part in the home.

Whenever I have a question, I know that the company I use is always available and provide high-level answers. 

The lock to the lower level of your 17th unit that a bunch of pirates raided using lead tipped swords to break in and steal you unmatching furniture.

(So dig a little deeper in area searches) Irvington for buy and hold properties (this area has been unique as well as stable for some time with buy and holds), other areas for fix and flip would be Haughville (truly seeing some changes in the market recently and level of finish to homes), Brightwood, Bates-Hendricks and most recently near Riverside Park bound by 16th St to the North, 10th St on the South- Indiana Ave & River/Fall Creek East & West.

I'd love to hear peoples thoughts on what a good level of leverage should be.Regarding best practices for house hacking, having a strong screening / rental criteria and sticking to it is key to success.