The decline is visible but nothing compared to GFC.  

Rents are relatively high compared to prices.

Most of the investors we work with in Michigan are using DSCR loans as rates are comparable to conventional rates for the most part but way less involved to get them.Our preferred lender in Michigan also covers Ohio.

When all of those elements are actually in place, it’s very unlikely for an LP to be completely wiped out.There’s also a common theme among the LPs who do get wiped out.

Because Michigan has abundant water and natural resources and is affordably priced compared to other places in the country, investors have many markets to consider. 

Since then:Obligations remain largely unpaid.Payments were sporadic and insufficient to cure default.Required financial documentation was not provided.Repayment explanations changed repeatedly over time.Formal escalation has occurred.I have since learned there are multiple other individuals reporting similar patterns.If you have invested with Stuart Fox or related entities including Fox Financials LLC, Midwest Cap LLC, Penn Buyers LLC, Pixel Marketing LLC, BizLeads, or similar, you may wish to connect with other impacted individuals.If you have had a similar experience and would like to connect or compare notes, please reach out.

Not speculation.Happy to connect, compare notes, or help you sharpen your strategy.

It also touches on RMD starting age elements and additional tax rules affecting early distributions.

Compare that to having to put 20% down on a house using bank financing which on a $400,000 property is about $80,000 plus closing costs and carrying costs.

Frankly it's terrible compared to their desktop versions and they raise the price constantly too.For property management/landlords you may want to look at a platform that has the accounting features of QBO, plus the added necessities that landlords need.