How do you plan on finding your deals?

The plan was to house hack the house by setting up the third bedroom as a studio apartment with its own bathroom and walk-in closet.

As I do plan to hold on to this property for the long haul.

@Jason Mitchell two of the better Neighborhoods of Detroit's 183 that we've ranked.Are you planning to rent or flip these?

Hi David Oh-You asked about a profit sharing bonus for property managers to give them an ownership mindset and incentivize them to align with your goals for quality property management.I love this idea.While I do not have a formal profit sharing plan, I always like to recognize the property management company with gift cards to the operators and the people within the property management company I have regular contact with that help keep the property running well and keeping costs down.Related to this, a handwritten thank you card to the same people periodically goes a long way.I also like to do the same for the tenants that have been paying rent on time.To your success!

Despite the challenges, the project was a success, proving that well-planned investments can lead to significant profits.

If your goal is to scale, I would suggest running your numbers with property management costs included from the start.Also, if you plan on adding more properties soon, I would avoid anything that needs too much renovation upfront.

This property offers spacious townhouse like setting floor plans offering one, two and three-bedrooms.

This will help you plan better and price units accordingly.

Remodeling, painting, carpet, flooring, light or water fixtures - sure, I'm good with that.