If I could find 100 doors and put together as a group, what do you feel the exit potential is on this? 

As someone who previously owned some rental properties and did not want the headaches associated with that, I found a great deal of potential value in having an entire team do all the research / rehab / management that could fill in the blanks for me in terms of real estate investing.

I’ll see how the numbers work with very little off season occupancy and see what the mid term rental potential is during these months.

I am from some of the worst areas in Detroit and have since moved outside of the areas that would be considered “unsafe” but because I am from Detroit I am familiar with areas that are redeveloping and have great growth potential; lots of new construction, townhomes even, and lots of land.

Even at that price point, you may struggle to find a tenant, potentially leaving the property vacant for months.Here’s an example of a deal I’m currently working on:Purchase Price: $215,000Rehab Costs: ~$250,000ARV: ~$615,000Potential Rent: $3,600/monthUsing a $615,000 ARV and 75% LTV on the cash out refinance, with taxes and insurance, my monthly payment would be $4,267 using an 8.5% rate.

For example, if you are in a 24% tax bracket and the house is valued at $200,000, your potential tax savings might be around $48,000 (24% of $200,000), but that's a rough estimate and assumes you're itemizing.It's always a good idea to consult a tax professional to ensure you're maximizing your deduction and following all the necessary procedures for your donation.

I want to be able to find potential markets/listings nationally based on the return. 

Legal consequences and potential financial loss that could have been avoided with timely updates.2.

A company that specializes might be a good idea, but if that isn't practical because the potential difference in taxes isn't that great it is something you can do on your own.

Hi Eli, This is a creative and potentially win-win strategy that could work well in the right situation.