I'm familiar with the good and bad areas of Detroit, but I will focus more of my attention in the bordering suburbs.  

With LLCs, earnings typically 'passes through' to the owner of the LLC and you then pay taxes just as you would individually.If you plan on long term real estate investing, the duration or life of the LLC may become an issue in securing certain types of financing – especially under the name of the business entity.

you first need to determine if there enough equity to warrant all the effort.I suggest secured debt < 50% LTVHere's my format:PropertyEquityTitleInterest(s)OpportunityNo one dies without any heirs.

There were some strong lessons learn from those experiences like cash reserves, due diligence and property management.Wife and I are interesting in getting back into real estate investing with goals of long-term cash flow to secure a good retirement in 10 years. 

She now has a pretty secure, well paying job but she also wants something more.

I am fifty years old and I need to secure my retirement.

I have a career, but I'm interested in investing in real estate for more security and to become debt free.

I really enjoyed the book and I read it cover to cover (except for skimming the veterans section as it does not apply to me).If you are a total beginner living in an expensive area, it is important to know all of the levers you can pull to secure your first property.

The same goes for Warren, but the city is very large and does border Detroit.

Today there are various organizations which provide Security Guard Training in India so that the candidates can improve their skills in safety and security services.