I understand different people have different risk profiles.

Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!

In Cleveland you could also purchase a property in an area that is improving or on the border of one.

Has the loading or wait times improved?

To cover renovations, I secured a $60K hard money loan, allowing me to improve the property without a significant initial investment.

You gotta improve your value a few notches I think to justify 50%.

Most are being encouraged to buy Class B-minus rentals and below, but no one corrects them about their mistake of using Class A assumptions on these rentals:When a newbie gets smacked with reality via their losses, they then can only suck it up until time improves their mistake or dump at a loss.So, my question is, why can't we all do better and grow our industry with integrity?

Other days, sellers ghost you, deals fall apart, and you wonder if you’re even cut out for this.BUT THE ONES WHO WIN IN THIS BUSINESS DON’T QUIT.They adapt, improve, and keep pushing forward. 

Start off by completing your profile.

I'm a pretty handy guy but this would be outside of my realm, but my experience helps me understand how much this type of improvement should cost.Improvements: remodel kitchen and bathroom, paint interior, fix exterior scafolding.How should I go about finding a contractor?