Worst Tenant Ever - -Unpaid rent since moving in (6 months)-Refused me entry into my property for inspections-Got gov assistance check for rent, forged my name and tried to cash it in her own account.

As a certified broker through Lee, I did pay the $20k upfront and took some debt-stacking training to get certified. 

Purchase price: $110,000 Cash invested: $40,000 This beautiful 3 Bedroom and 1 and half Bathroom house is located in South Acres Estates subdivision.

If I am reading between the lines, your failure is lack of cash flow right now?

I am a first time out of state investor interested in buy my first rental property in Detroit that can cash flow after fixing and gain equity.

The car expense ate up most of his cash flow.  

Around here, you'd probably usually cash flow better with a duplex-- but do the math for these particular deals and buy the property that will make you the most money.

The house with squatters may need a whole lot of cash infusion.

A 24-month loan would be preferred so you can build up the last 12 months of cash flow for the property. 

After that, I do another cash-out refinance on the $120,000 property at 80% LTV to get $96,000 in cash.