I have 1 rental via house hack that we lived in for 2 years and slowly increased the value over the 2 years.

Capital has been tight because 10 year treasuries have been hovering around 4% the past few years.

I recently purchased a property in the Warrendale neighborhood of Detroit, Michigan about a year ago.

I am about 10 years in on the property and have about 100,000 on the mortgage at 3.875%.

Hello, I purchased a home last year and looking to buy another home soon.

SLO County resident of many years here.

As you get further away from standard real estate practice, the risk is increased by a “legal” risk that your protection may be interpreted quite differently than you expect by a court and that the subtleties of the protection a mortgage or trust deed document provide with established law and court decisions handed down for (in the U.S.) 250+ years is not existent. 

I think it's a great market and feel good about the appreciation, but it does indeed look like it takes creativity to get year 1 cash flow right now.

Over about 2 years my wife and I did most of the handy work ourselves.

As for me when I did this they sent what turned out to be old and no longer current information on their own requirement's.