Barima - Did you ever get any feedback on potential brokers in Michigan that are good for investors? 

I still advise you to seek as much "professional" assistance as you can as there may be alternative strategies to sell and not violate these acts.Great feedback Brian and Jim.If you require more info please email me personally.Talk soon,John Fedro

Great, Thanks for the quick feedback and good insight!

Thanks for any feedback or advice.

I would really appreciate any feedback you could offer.Purchase price: $470,000 (cash)Less Vacancy: $8,793Total rental income: $66,645Plus utility income: $8,500Effective gross income: $75,145Less expenses: Repairs: $7,280 Payroll: $3,380 Administrative: $1,170 Marketing: $234 Professional fees: $1,102 Utilities: $10,522Total expenses: $23,688 Taxes: $1,339 Insurance: $1,394 Management fee: $4,509Total operating expenses: $30,929Net operating income: $42,915Does this look like a good deal?

The property type, income generated (if any) and total due secured against those assets is relative to give feedback on those.  

I accidentally posted this twice, but I appreciate the positive feedback! 

Account Closed you already have lots of good feedback above to consider. 

Thanks for all the feedback so far!

Conversely, (in my mind) the longer we hold, the more we would owe back investors.But I really appreciate your feedback as this is our first deal.