I'm a newbie, just purchased (redeemed)my first property last year.

I believe my clients are happy with their first investments (purchased with me and managed by me) as well.

Linwood Ave from Dave Koehn | PDF Attachment8/29/2016 - Received photos of 2021 Linwood Ave from Dave Koehn at Morris Invest8/29/2016 - Brian Freeman e-mails Dave Koehn of Morris Invest to take the Linwood property8/29/2016 - Nicole Meckley emails Brian purchase agreement8/30/2016 - Nicole Meckley emails Dan from Paramount Title9/7/2016 - Sale closing of Property9/12/2016 - Nicole Meckley sends me info for the cost to rehab; ($5,100) | Estimate Attachment | Wiring Instructions10/3/2016 - Nicole Meckley responds to Brian Freeman that the flip is now complete and they will send photos and start marketing the property;Note that the property never needed to be “marketed” as there was purportedly a tenant already in place at the time of sale of the property (see 12/13/2016 below)10/13/2016 - Nicole Meckley writes that the flip is complete and she only has a photo of the furnace because there’s a tenant in already;Note that if any rehab was done it was while there was a tenant occupying the property10/18/2016 - Nicole Meckley writes all of the contacts at Oceanpointe to start rent deposits;Note that Oceanpointe likely received and collected a month rent without remitting it to the new owner from closing date of 9/7/201610/31/2016 - I notify Morris Invest that I have already been cited by insurance for an improper dog breed;11/15/2016 - I write Clayton Morris that I never saw the before & after rehab photos; I ask for the lease paperwork.11/18/2016 - Bert Whalen tells me he will send me the photos personally;11/29/2016 - Nicole Meckley writes an email with photos after the flip that are of poor quality; she sends the repair estimate that states what was fixed; | Part 2 | Estimate11/29/2016 - Brian sends payment by wire via Wells Fargo $2,55012/13/2016 - I inform the Morris Invest team that I still do not have a copy of the lease;12/13/2016 - Clayton emails me a one page lease signed by a Kent Stork on 7/2/2016 (prior to my purchase of the property - I did not notice this at the time)Copy of lease4/17/17 I write to Clayton Morris informing him that the taxes doubled from the advertised taxes for the property;11/2/2017 - I write to Clayton informing him that I am being sued by the Marion County Health Department; | Copy of Summons and Complaint11/3/2017 I write to Clayton Morris asking if it’s normal to get sued by Marion County; he replies yes that his office handles it;11/3/2017 I write to Clayton Morris informing him that is was a surprise there were so many reported issues with the property;12/29/2017 - I inform Clayton / Oceanpointe that I was cited again and he tells me that they are working on it.

Hi Eric, Would you be purchasing the new property as a primary or Investment?

The rates for a purchase money loan (one where you take the loan out to directly acquire the property) vs when you do a "cash out refinance", which your loan would be if you chose to pay off the line with a loan on the primary residence, it typically done at a higher rate.

Typically about 20% down on each purchase you make.  

Detroit is literally a block by block city and if you are not here to see the property you need boots on the ground that you can rely on to assess any potential purchase.  

Why do you think purchase contracts are so long and have such small print?

Where have you purchased and built on lots affordable for infill or spec homes in miami florida?

Purchasing MHCs in neighboring states that have more business-friendly regulations could prove to be the key.And, of course, who can forget the good old cost-of-living and supply chain crises?