Greetings from Southeast Michigan!

[Stavros B.]

Hello! I am relatively new to Bigger Pockets but not REI. I had my former underwater home as a rental for four years and following an extensive rehab sold it to exit the deal nearly breakeven despite poor financials. I've been mulling over getting back into REI at some point but always was under the belief I would have to get substantially more assets to do so. After catching up with an old friend (and Pro member here) I realized how short sighted I was being and have so much at my disposal to work with in terms of income from my day job and leverage available to me.

I'm an extremely methodical person which has a tendency to create analysis paralysis but plan on spending the better part of this year putting a solid plan together for my next deal to occur in 2017. I'm relatively risk adverse so want to have contingencies in place and fully understand the actions I'm taking as well as to build a solid team to rely on! 

Currently living in South Lyon, which is a close suburb of Ann Arbor but work all over in Southeast Michigan. Ideally want to identify properties nearby but as I see it now (which is highly limited) there isn't a vibrant rental market where I live now, save for Ann Arbor and that's a hot hot area. All that being said, I haven't nailed down my specific strategy (flipping or renting SFR or MF) or target area yet as that's part of the plan that's being developed!

Cheers!

Stavros