Sec. 8 works well in some markets and it can be a premium and successful for locals who own a bunch of them and run them with an iron fist..

Hi Michael, we're a national lender, so if you need financing in either locale, feel free to reach out!

It’s not necessary to stay local for these services as long as you have online bank statements or a solid way to get them to the bookkeeper.

More than 5 days late (or whatever your local laws consider late), give them notice. 

@Muriel Hair here's some articles about Detroit increasing over 20% in 2024...https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...

With careful planning and local insights, Richmond can be a solid addition to your investment portfolio.Good luck!

It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.

Ensure the property’s price aligns with market trends, and work with a local realtor to help with due diligence and negotiation.Good luck!

I'm also hopeful to get some local cooperation now that he's claiming partnerships with local government. 

I'm sure you have a great read on your local market but I'd recommend refraining from pretending to be an expert on a market you clearly know little about.Good luck!