Remember under Michigan law your property tax rate is based on the homestead exemption, where our tax will be taxed non homestead. The point I'm trying to make is that we are talking about property taxes in this sentence.
In addition to the above we will have the following: Insurance, utilities (water, gas, elec), lawn care, and general maintenance. We will also use the services of a realitor and pay a selling commission on the fixed up price. We also have the risk of the house not selling for the estimated price.
FOR YOU: A NO HASSLE SALE FOR US: THE INVESTMENT, THE WORK, THE TIME