They're looking to close asap but would prefer to lease back.It's a 3/2 w pool in Regency Green at Heathrow.  

Plenty of multifamily houses in Lakewood and a large renter pool.

Hi @Joe @Joe Fornasiero I think Dearborn Heights probably has some good properties to look at but why overlook Brighton and Howell if that is your backyard?

I guess everyone of us believe that our own backyard is the Holy Grail which is Crash Proof. lol.In all seriousness, I like your goal of increasing your networth by $250k / year from pure appreication as this is what the top 5% Silicon Valley household makes per year.Originally posted by Account Closed:I really want to be a smart a$$ and call out those, who said the net worth figure is worthless, are clueless.

Though the rent amount is in line with the area, your tenant pool is more limited, and there's a lot more space to maintain and get damaged, so your returns likely won't be so great.If you find that it's difficult to rent, I thought @Corby Goade's idea of converting it to a duplex is a good one if the building and zoning will permit it; alternately, you could knock out a wall to combine a couple of bedrooms to make it a 5/3 or even a 4/3 (or use some creative marketing - it's 5BR + office/den/whatever) to help make it sound more in line with norms.Hopefully you'll find a family that will want to rent it for years and years - it'll no doubt get torn up, but we all run that risk with our properties.  

The rear wood fence in my tenants back yard is falling down. 

I also think we'll have a more limited pool of buyers and no chance at a bidding war as we tend to price conservatively. 

I know it has some occasional drainage issues in the back yard and basement.

Today we learned that it is a HUGE issue because there is no leech bed and it drains out of the hill in the back yard!

These are 1 bedrooms so it could be the tenant pool and their experience renting but in general that is what I see.