If you want to continue to diversify your investments, then now is the time to buy investment property in Michigan. You can take advantage of the current market and generate even more income—as well as tax benefits.

The trick to expanding your investment properties and portfolio is in buying. If you're not careful about picking properties, no property manager in Michigan can save you and you'll being sinking money into marketing and general contractors trying to fix the asset that turned into a liability.

Imagine you're a consumer looking for just the right rental. You find a space that is close to your work, provides easy access to shopping, is in your price range and has all the amenities you've ever wanted in an apartment.

If you're debating a change in the floor of your rental units and investment property, give it careful consideration before making a move. It shouldn't simply be a matter of which is easier for you or the tenants to maintain.

Ideally, if you're working with a property manager in Michigan, the general maintenance is included anyhow—so maintenance shouldn't necessarily be an issue. Let's look at the pros of adding hardwood floors into your rental space.