We're handling two of these for owners right now, one just passed final inspection, the other they came up with their 3rd set of repairs:(If your home is north of 10 Mile, your rent should be too high to qualify for S8.

Traditional Duplex/Triplex/Quadplex: I grew up with plans to buy a plex and house hack it, ever since I got into REI in high school.

With historically high prices and last year's rate increases, you're left wondering ... what comes next?

if you're looking for high-cashflow areas, for LTRs, the midwest seems to be the place to be. but if you're doing MTR or STR strategies, the shenandoah area might be the next hot spot for mountainous STR markets. wholesaling is a ton of work up front & i feel like a smaller % of people succeed in it, vs the larger % of people who succeed with actually buying rental properties. 

Where these numbers are found, there is a very high rate of rent actually being paid.A little more about the area:We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

My area has a strong economy, high rental rates, and a very large military and civil service presence.

The risk of negative cash flow here comes from the high leverage though, not from the market.

For high bonus depreciation, consider exploring new construction projects, which can offer up to 100% first-year bonus depreciation.

3) If I can find a private money lender to do a 2nd mortgage, they will need a high interest rate.

By keeping her, you are just kicking the can down the road and increasing your risk of losses.I highly recommend you find a qualified property manager before you run this investment into the dirt and lose big.