It will carry a net loss of about $4k/month, or more, to keep the lights on.

I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).

It's new to me so I hope someone here can shed some light on what she is trying to do.Her current property is in MA and is a four-unit. 

I can buy tile, light fixtures, bathroom fixtures, drywall, paint, primer.

$100k neighborhoods in Baltimore aren't for beginners or light of heart.

I would love to hear if there's anyone from Johnstown who can shed some light on this. 

Lipstick rehabs are normally just redoing kitchen + bathrooms + light work around the house.

Then it needs to a light to medium rehab which allows for a fast rehab process.

Spec now that im not shelling out down payments every few months and can see the light again haha.

For light doc programs, it 9.25% seems on par.