I’m a homeowner in Henrietta Township (Pleasant Lake / Jackson County MI) and I’m debating selling directly to an investor instead of relisting again.Property: 104 Clyde James Dr, Pleasant Lake MI Ranch home approx 1,688 sq ft 2 bed / 2 bath Well & septic (septic about 2 yrs old)The house is livable but is a work in progress and would likely need additional updating and finishing work.

Additionally, I’m assuming $100 for monthly insurance, a $50 bill for sewer, and $110 for monthly property taxes.

I instantly think this maybe a good way to make additional cash flow.

As part of this, properties are increasingly requiring additional repairs or improvements to meet compliance standards before they can be rented out again.

Currently it’s 340k but needs 160-180k of repair(estimate given by HUD consultant) Will probably need 50k to build out the attic in addition so I can duplex it up. 

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

Duplex sold in Dover in 2025 for mid $500’s Both units have 3 bed/1 bath apartments Both units are in decent shape but there is room for some cosmetic upgrades 270k/unit and approx $240/sqftThese two numbers tell us this duplex is very on par for what the market looks like in Dover  Because of the larger bedroom count, I’d like to play out a house hack scenario: PITI payment + maintenance/Capex + vacancy + energy bills + reserves= $5400/mo(rough estimate)  Now I’ve been hearing that this winter has proved to be harder than normal for landlords to rent out, so assuming a below market rent for a 3 bedroom in Dover going for $2100 and two individual rooms in your own unit renting for $600, that totals up to be $3300, leaving an additional $2k/mo rent to pay.

We were told that, in addition to being a convenience, it would greatly increase property value and attract tenants.

Any additional information would be greatly appreciated.

I am doing it .but I wonder what kind of additional docs they would ask me ?