Whether we agree with these items or not, the following are inflationary government policies: stimulus, student debt relief, tariffs, increased child tax credits, limited immigration, and big government deficit spending.

Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market. 

I don’t want to spend a month in a dump.  

What area code should I look for in my budget and best area possible for that budget?

Quote from @Terrance Brewer: Quote from @Tim Delaney: I am an audio learner, so I spend a lot of time listening to various podcasts that BP puts out.

You can do as little as 10% down on your purchase price with a little experience, and then get up to 100% of your rehab budget financed!

I am glad that I am not the only one who takes twice as long and spends twice as much, haha.

. $25,000 rehab budget, will have on the market in less than 45 days What made you interested in investing in this type of deal?

I budget for 2 year average tenant stays and work to exceed that conservative budgeted rate. 5.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.