. $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?

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.

To stay secure, I’d recommend saving 3-6 months of mortgage payments, budgeting for repairs, and possibly investing in a home warranty.

Eliminate debt, establish a budget, and save.

Drive around and figure out a few areas you would like to live in with your budget.

- We've got an owner we're about ready to terminate because we email them information that they refuses to read and always wants us to call them and spend hours talking about it.

People are going to start thinking about spending their tax refunds in the middle of January.

If not they could spend money and time and offend buyers if they update the property incorrectly.There are other options, such as landlording.

Key points for buyers to consider: the $65K rehab budget and timeline (45-60 days) are realistic, but transparency on rehab details and potential delays will be important.

I think broader consumer taste is killing malls, which includes online shopping, but also even where people are choosing to live and how they are spending their time/money, more broadly.I worked for a company that bought a failing mall back in 2012 (online shopping was "killing retail" then too), redeveloped most of it into more open air power center and sold.