Property management companies often receive volume discounts and priority service due to the volume of work we provide to these vendors.

The fourplex brings in only $100 in cash flow and has no equity yet, but there's potential for growth due to upcoming opportunities in the area. what real estate niche are you in and why 

Hi Jeff, At first, we loved the house due to its location.

Depreciation for tax purposesThe amount of annual depreciation OVERLY offset my net income on the property.

Probably won't ditch the property manager due to day job. 

In dire circumstances, this strain can escalate to foreclosure proceedings due to the inability to meet mortgage payments.

If you property is in Detroit you setup a landlord account with the water company and any tenant that comes in opens a account in their name and follows them in your case it will be you and then a tax lien on the property they will get their money either way.

I could only get 1 DSCR lender to do 1 of my SF properties due to the low ARV, the fees and interest rate are absolutely not worth it.Are you bundling properties together when refinancing? 

So I was happy he provided me with an opportunity to buy the property without him going to a list of an internal list of preferred buyers which would have counted against me as a first time investor.I signed the purchase agreement then ordered an inspection report so I could perform extra due diligence as an investor.

As it is we both have a strong desire to buy a SFH for ourselves but currently house hacking is a better solution because that other rent is paying our taxes and water and sewer bills and for some mid range priced renovations to the property.