Just make sure to consume content here as much as possible and feel free to ask any questions you may have.

Most private lenders are only capable of doing business purpose loans (loans to business entities) and do not participate in "consumer loans." 

Note that an extended vacancy can consume many months of lowered rent. 

Just make sure to consume content here as much as possible and feel free to ask any questions you may have.

What is the best way to protect my investment as well as protect the consumer (my tenant) and ultimately the community these people and properties are apart of.I welcome other opinions on this, quandary.- Am I leaving money on the table?

Just make sure to consume content here as much as possible and feel free to ask any questions you may have.

Also, you won't find the applicable legal reasoning by looking in Michigan, as it's covered under federal law:"The primary law that governs how financial institutions can use or share personal information about consumers is the Gramm-Leach-Bliley Act of 1999.

As we move into a recession over the next six months unemployment goes up as consumers pull back like they are doing now as the price of gasoline reaches new highs.

This was not wholly unexpected with the Consumer Price Index release for May 2022 showing a 8.6% year over year increase.

We’re seeing consumers running out of cash.