They're in your neck of the woods and very well respected in the industry. 

I think this is an important point to consider if you're looking to invest and be involved in the RE industry long term.

Banking industry.

. $7,600 for taxes and insurance. $4,920 for management (plus lease-ups and renewals).

@Adrian ChuARV $140,000County assessment $78,900Taxes are $2,287 ($190 a month)Insured through NREIG at $556 ($46 a month)I bought it cash but will refinance it for $60,000 @ 5 75%.P&I $350Total liabilities $586It will rent for $1,200$1,200-$586 = $614 cash flow and CapEx

But this industry will literally eat you alive.

I would be concerned about insurance not covering you if you had an unpermitted apartment in your basement that circumvented local zoning.

(I went to UofM Dearborn so I have basketball players rent out the bottom unit)The only thing that made it hard in Dearborn was how high insurance and property taxes are.

@Lei Zhao agents in this industry agents get paid for results not effor.

I always used to hear people in the real estate industry say, "Follow the artists to find the next hot neighborhood."