Hello Miles, I agree that Hamtramck is great for house hacking as the area is experiencing an upturn, especially in rental potential. 

I’ve talked to people who carry their license simply because they use it for purchasing investment properties and I have already experienced a situation that if I had my license I would of had an inside track on a deal compared to someone who would need to contact a realtor and set up an appointment.

After difficulties refinancing, we decided to finish fixing it up when the renters moved out and sell.

We don’t live in fear every day, but our priorities are experiencing the world NOW. ;-) We also each have million dollar life insurance policies on us, so we know without a doubt if something happens to us we are not leaving any debt to our son/our families, so that’s another reason we’re all about seizing the moments and having fun family adventures together...now. 

@Dan Burstain I could see advising an experienced real estate investor to invest for appreciation. 

For lending institutions holding residential notes they want to sell, the action is mostly in the NPN arena.Because of the difficulty for the average investor to find a good note and buy it, many have invested money in funds or in partnerships that originate private or hard money loans, which is a second cousin to the discount note business.For someone who has $50,000 or $1,000,000 to invest and is satisfied with 8%, achieving this is quite simple and quick.

I'm looking for a Realtor who works closely with Multifamily such as duplex and 4 plexus to do a CMA for me.

For us, they always stay and adjust to the new reality.30-DAY NOTICE OF RENT INCREASERCW 59.18.140  (reference to our state's landlord-tenant law, replace this with yours)Tenant: ____________________________________________Address: _____________________________________________Dear Tenant,As I’m sure you’re aware, during this past year rental rates have increased significantly in our area.We have personally experienced increased costs for taxes, utilities, maintenance and repairs.Therefore, we must increase rent for the dwelling you occupy.This notice is given on the date of:_______________________Effective date of change in rent:____________________New rent:____________________We value you as a tenant.  

You can find more details on the BP event page: https://www.biggerpockets.com/forums/521/topics/676070-central-maine-monthly-investor-meetupThere's always a good mix of new and experienced investors in the room. 

I am having difficulty finding a lot of people who have done this, and I would really like to learn more about it.