I'm not familiar with Wayne's rental market so I cannot comment on it.As to your question why Pontiac, here are just a few reasons…First off, the stigma of Pontiac holds prices down making investments in the city very reasonable.Taxes are very reasonable on a 3 bed/1 bath 1000 sq ft home The rental demand in Pontiac is very high.

Alrighty, bed time, nighty night!

I would like some opinions on whether or not I should go through with the following deal or if I have this figured out right...The property: A 2 story, 11 bed 2 bath sober living/mini church type building.

The house is a 3 bed 2 bath brick colonial in a top of the line neighborhood just outside a major city.

Section 83.51(2)(a), F.S.In addition to providing the above requirements, the landlord of a dwelling unit other than a single-family home or duplex shall, at all times of the tenancy, make reasonable provisions for:Extermination of rats, mice, ants and wood destroying organisms and bed bugs.Locks and keys.Clean and safe conditions of common areas.Garbage removal and outside receptacles.

Ideally, comps will have the same beds, baths, and living spaces.

Price $149,900. 3 bed, 2 ½ bath.

I just picked up a 3 bed for $27k, put $250 in paint and misc., and rented it out in two days for $550.

I tend to agree with you Ed, I find it hard to imagine any roofing contractor would be able to guarantee 100% that every nail has been removed from every flower bed, yard, driveway and sidewalk of every job.

Rents currently are $975 for the 2 bed/2 bath, and $695 for the 1 bed/ 1 bath: $1670 total.