I'm far from a retirement expert, but you may be able to roll the 401K into a self directed IRA and use the funds that way.

Elevating the property -- this is technicaly feasible, but rarely economically so.

I would rather rent to all men or all women in a unit, but all the experts I've talked to have said that I would be very much running afoul of fair housing if I did that.

Hi EveryoneI wanted to run this idea by the BP experts that someone gave me.

Yes I should move up scale in the level of contractor,,, but in today's economic situation that's easier said than done AND get a $15k rental rehab done for just $15k and not $30k...

Economic optimism is causing folks to want zestimate or more. :( You might come to the REIA meetings and talk with the locals who are doing deals as another networking tactic.

definitly not an expert in this area but it sounds like you have some equity in this property, so before you get foreclosed on why not just sell make a little money, start over with another property, you say you have 30 days left get it on the market sell quickly or you get forclosed on lose the property hurt your credit, and in a tougher situation then you currently are.

Briefly about myself to break the ice… I graduated in finance/economics.

I keep seeing articles all over the internet discussing upcoming changes and my banker tells me that "the rules are always changing" but I am curious to find a location or two that I can find what changes are coming without having to go through all of the legislation line by line.I guess I am looking for an expert site to help interpret upcoming legislation but not water it down for the masses like CNN, Fox, or CNBC.Thanks!

Goes to show how 1) the perception of Detroit and it's surroundings are so skewed to the outsider and 2) how both economically and ethically segregated metro Detroit is.