There is something to be said for knowing your ideal avatar, but you are taking on a lot more red tape and a lot less learning possibility.When you are a non-local investing out of your area, you are a mark for every deal out there.

Similarly, looking up deeds of trust, licenses, or other public loan documents, as is often recommended here, will only confirm that the company exists - not that you are speaking to a legitimate representative.

Lots of great info on here as well, and like they're saying the best thing to do is to find an experience broker / realtor who can help you navigate which neighborhoods to target and which ones to stay away from, as well helping you to build out your team for property managers, lenders, inspectors, contractors, ect.

Whether you’re dealing with non-payment of rent or other lease violations, this resource explains what landlords need to know to remain compliant and protect their investment. 

After 6 months of non-payment, we were able to perform an eviction for this tenant.

Michigan is a state where lenders will lend 100% of the rehab and 75% - 80% of the LTV. 

A friend and I created one recently:https://drive.google.com/file/...It was meant to compare costs between different lenders, but you can use it to just see costs from one lender as well.

Consult a tax professional to optimize deductions and explore strategies like Real Estate Professional Status or short-term rental loopholes to apply depreciation to non-passive income.This post does not create a CPA-Client relationship.

So in my mind this is only an advanced way of buying and not at all appropriate for the general public or starter investors who think I dont need much money..  

Mixed-use with some residential could also add diversification while keeping it simple.This current property is actually the storefront of a mix-use residential above, but no actual residential property for purchase.What’s the tenant mix like,Theee major ones: One restaurant, one non-profit gallery, one home goods,and how are you structuring financing?