I agree when I see someone with no posts and they write a five paragraph short story with a conclusion at the end, its like "great I could have done that too in chatgpt". 

Everything was fine on the final statement, I came to the conclusion it was just people not paying attention to details.

I've also come to the conclusion that you are either 1 bedroom or 5+ bedroom. 2-4 bedrooms are the squishy saturated middle. 1 bedrooms make good income relative to purchase price, but a 1 bedroom SFR (assuming you can find one) will get killed on the recurring expenses that don't scale down like WIFI/Cable, STR insurance, lawn care etc.

On the 15yr, 5.85%, paid off at 15yrs, total interest paid $140,879.60On the 30yr, 6.57%, paid off at 13.92 years, total interest paid $130,492.77I would say that's rather conclusive proof that 15yr mortgages have 0 benefit. 

@Craig McConnell i moved to detroit last year (attorney from columbus turned realtor in detroit). since the city is 140 square miles, i read the 900 page zoning code, made outlines, and came to this conclusion based on market research and the zoning: the city is investing in "Traditional Main Street Overlay Areas." it's a term of art from our zoning code, that basically means that there's existing (probably vacant) commercial corridors that are being revitalized and re-tenanted in these areas. so if you look at the map of the Overlay Areas, the orange are the original areas and then the purple are the newer, up-and-coming areas. so the orange is like midtown, corktown, bagley (investors love bagley). and the purple is like van dyke and 8 mile (like Cameron mentioned earlier) and the e warren Overlay Area, which is the 48224 zip code. i really like that zip code (the whole zip code, both north and south of i-94). the house sizes are rarely over 2,000 sqft (most are 700-1,600 sqft). there are some duplexes, lots are sfh, and owner-occs, and the neighborhoods aren't bombed out (like there aren't any vacant lots mixed in with the houses. rather, the streets are lined with little brick bungalows built between 1920-1950). the entry point in 48224 is a little lower than bagley for instance. but the ARVs are climbing and demand is there, especially for $200k homes (they often go to fha buyers). and we're seeing closing cost concessions just being stacked on top of the purchase price (as opposed to cutting into seller's net). i just leased half a duplex in 48224 for $1,450. it basically has original everything, but landlord did add new butcher block counter and dishwasher. last thing about 48224, it has some of the highest rated schools in detroit. i'm not saying these are the only areas to invest in, but they are the established areas that the city is pushing investment. so if you strictly stick to the Overlay Areas, you'll miss out on some of the up-and-coming areas, like islandview (east side) for instance, but will be investing in more established detroit neighborhoods. 

It’s still early in the investment, so it may be too soon to draw full conclusions—but so far, one key lesson is the importance of partnering with experienced operators who communicate clearly and execute on the business plan.

Most of the requests we receive for our hard money loans are thru mortgage brokers.  75% of the requests we receive DON’T include ANY of the following:1. the amount of financing being requested, 2. the specific proper...

In just one month, local courts across the state processed over 8,800 eviction filings.Now before we jump to conclusions, it’s important to understand what this actually means from the perspective of those of us in the trenches — the landlords, the property managers, the people who are keeping the roof over people’s heads while trying to run a sustainable business.Filing ≠ EjectingFirst off, an eviction filing is not an automatic removal.

Same conclusion as Dan.

I've spent the past couple weeks doing it on spreadsheets, and have come to a conclusion that is somewhat contrarian.