My team and I have had a good amount of success in the Detroit Michigan marketplace and I am always happy to help or chat about Detroit ! 

Reading some of the posts it seems I’ve stumbled into an arena of folks far more comfortable with large amounts of debt. 

30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!  

I would have used a servicer at the outset but the one I contacted (just after signing the contract) said their computer system was set up for percentage late fees, not set dollar amounts (as mine is - per the attorney), so they couldn't take it.Let this be a lesson to others.

The people you hire should be contractors who will fix your properties. 

For instance Scottsdate AZ, Phoenix AZ, Gilbert AZ, Mesa AZ, Chandler AZ, Tucson AZ, and Glendale AZ make up a fair amount of the list. 

What information is required to support that you stayed in the property the required amount of nights and who do you provide this information to?

What would be the total reinvestement amount expected under 1031 exchange?

Investment Info:Single-family residence fix & flip investment.

Do i fix this up with 20-30k and cash in my chips and look for a new opportunity.