You need to take the time and pay the fees to learn or like you said you’ll end up paying a lot more for a deal gone wrong. 

I do not yet know what my end goal is, but my current goal is to obtain 1 single-family home rental property, and expand from there.

It might also be best to figure out a way to end the lease with the family and get the stuff out unless there's a good reason to think the tenant will be able to return to the home in the near future. 

Thats probably what we will end up looking like (Charlotte at least). 

If everyone is on board with the plan to wholesale the deal, you are responsible for finding an end buyer and assigning the contract.

Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.

Property values in Little Italy are really high right now, and they're definitely trying to build up the surrounding neighborhoods near University Circle. 

I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.

This will continue to push up the prices.Sales - Months of SupplySales - Median $/SF by MonthDespite persistently high interest rates, the $/SF continued to climb, up 10% Year over Year.Why invest in Las Vegas?

My property taxes are high - around 9k a year.I’ve been out of touch with the market this year dealing with an illness and I’m trying to make the best decision cause this is my lifetime investment and extra income.