Okay, sounds good, @Noah Laker.Question: you also do Wholesaler or not?

Again, just trying to get a ball park rehab number.For example:Cost for a completely unfinished basement (older home, stone foundation, worse case scenario)  = Square Footage * $XX = Estimated CostCost for a partially finished basement or one that has been finished but needs rehabbed = Square Footage * XX = Estimated CostThank you!

We don’t buy those and sounds like you're aware to look for a slightly better property yourself already.Detroit has the the highest rent to price ratio in the country…and we’ve found the best balance of price/location within the area.Here is a picture of my portfolio...as you will see.

I am going to start this question by saying that I am completely green to being a landlord and I am looking for my first tenant.

Sounds like I'll need to find that balance point between far enough ahead to not miss out on advance bookings, and late enough to use the algorithm boost to help as the season nears. 

However, in a case like a first timer doing a large rehab out of state, that would get more scrutiny.We require 640 credit for base terms, although we will go to 600 credit with an upcharge on origination.Base origination is 2.99% on the first three deals, and after three completed deals in good standing, it goes to 1.99% in the Loyalty Program.

Collecting cash is something I’d almost like to completely refuse to do (not sure the legality of that one).

It's a complete guide to all the key considerations you will need to make and the provisions you'll have to include to ensure your loan is safe and secure.

So it was not a complete waste of time.  

Your order of events to state your argument is actually completely wrong and this is one of the main reasons I went in a different direction.