Hello BP Community, I'm getting ready to start investing in Section 8 rental properties in the Detroit MI area and am searching for an attorney to help develop my business structure before purchasing my first few homes this year. 

I have the cash reserve saved in HYSA at 5%; We will reevaluate the situation again in an year from now.Thanks everyone on sharing your thoughts.

I especially like this when you will be sharing common areas with your tenants.

Hey BP Community, I'm wondering if there are advantages/disadvantages from getting a HELOC from a local bank or a mortgage company. 

The south side tends to be a place where the people who make money are very rooted in the communities they invest in.

Thanks for sharing your wording in your contract.

Any info you can share would be much appreciated.Thanks! 

I'd be happy to share my lenders contact info with you.

ThanksEDIT: I am just out side of Asheville in a smaller community.

Geez...there's a lot more to this than what you have so generously shared.