Paying off rental mortgages increases monthly cash flow but reduces liquidity, while investing in hard money lending offers high returns but is taxed as ordinary income.Buying a multi-unit rental provides tax benefits like depreciation, while purchasing a business can yield strong profits but requires active management.

But it certainly seems like you're right that BP offers much more in general

@Aaron Bard- plenty of  lenders  offer  DCSR loans ...contact a  few  for  quotes ...also - dont  pay  any  lenders  at the beginning of the process 

Both investments can offer tax benefits, but real estate typically has the edge.

Happy to answer any questions or offer advice if a need arises. 

If for some reason this falls through should I attempt to offer more money for a quit claim deed or proceed with the newspaper notification process. 

Detroit has tons of distressed properties, and the city is actually offering incentives for investors to come in and fix them up.

*Another Exciting Development in Charlotte*The Iron District is set to break ground next year (address 905 w morehead st.)The Iron District's strategic location offers easy connections to Uptown, South End, Wesley Heights, Freedom Drive, Camp Greene, I-77, I-277, and Charlotte Douglas International Airport.

I'm in the small Eugene market, which in terms of industry and jobs offers no real reason to be here.

For future readers, many banks will offer an unsecured line of credit up to $25k.