That was extremely helpful with understanding the risks/rewards of the Detroit market.

Ultimately, it can be very rewarding, but if for some reason, sudden market change, etc. and if you can't pay the investment loans, they will come after your primary property. 

Keep the money, spend it on a nice vacation or other reward for yourself, and move on.

Working with investor clients can be rewarding, as they have the potential of repeat business.

Would love to hear experiences or advice anyone may have.Hey Kaylyn- getting started can be intimidating but the reward is worth the risk. 

"Then you have the risk and reward analysis, slightly out of compliance with a great reward or way out of compliance with a small reward, is it worth it?

I'd weigh the risk vs reward but my top priority would be finding a good contractor who works at a fair price. 

A few years ago I started a Charity calls aherohome.org  with some other BP members and with BP managements help we achieved our goal of giving away a home in Memphis to a first responder that was quite rewarding.

And no one takes on risk for 'free'.The only way for you to get ALL the PM money is to become a broker.I looked at this years ago and decided it was not really worth the risk/reward.  

In my opinion, the main difference is if you want your reward now or sometime in the future.