(UNLESS OWNER OCCUPIED OR CAPITAL IMPROVEMENTS)If the land lord supplies heat, rent increase shall not exceed 4% otherwise don't exceed 3%.tenants 65 or older 2%new tenants increase can not exceed 5% over the last tenant's registered rentyou must provide a new tenant the previous rent amount in writing.you must apply to the city for each increase with 60 days notice, depending on the US department of housing and urban development for a unit of similar size.fines will be levied on a daily basis if in violation. 

Anything on the MLS seems to not have cashflow in them and if something does look like a great deal it doesnt last.

Another vote here for Detroit.It seems folks are finally waking up to the progress that's been unfolding there for the last 10+ years. 

@Greg Hansen I actually saw this July meetup scheduled at Wicked Barley last week and marked it on my calendar and am hoping to attend as well.

You purchase 20 year treasury bond that was issued last year when rates were 10% and has a 10% interest coupon.  

Lastly, I'm not on here to talk trash about WealthAbility and their so-called managers, but instead I am sharing my unedited honest experience in hopes of helping my BP community from committing the same $25k mistake I made.

Last, estimate the needed repairs - Estimated repairs should be factored into any property purchase, but there’s an added twist with auction properties.

Plus then it's new and lasts trouble free for decades. 

I moved into my apartment last March and it is owned by a major property management company.

You don't want to be in the middle of a time sensitive transaction where your money is on the line and be working with someone who doesn't answer their phone or is slow to respond to emails.