Awesome board with many smart people having own suggestions and ideas to grow wealth!!

For new investors, starting with a turnkey cash-flow rental is a solid choice. 

Forecasting Fun -More renters in 30 years and not by choice but necessity -Cap rates go up -Prices go higher 

And if you’re looking into rentals, Coloma is a solid choice for both short-term and mid-term rentals (think 3-6 month leases).

If the seller is unwilling to negotiate, walking away could be a wise choice to avoid unforeseen expenses and health risks.

Its favorable location in Detroit and demand for local housing presented a straightforward profit path, allowing us to quickly flip and earn, making it a strong choice for Partner Driven and Rod King.

Section 8 can be very profitable, but it's not smart as a first investment or a one-off because there is a lot more red tape.

Probably smart to take a break a couple of years of this market, I think you are coming back at exactly the right time - on the cusp of the next boom market

Good points above, but my main point is the same as Mike: there are great tenants that pay market rent.You should raise rent on a great tenant the same way you would with a decent tenant or a bad tenant: quickly and professionally.Kevin is a smart guy, but I'm afraid I have to disagree with his incremental rent increases.

That's more of a personal choice though.I would also keep in mind your long-term goals for REI.