It will be an identical home to the one I’m currently building, and I expect to need no more than $160K in financing.I’m not looking to overextend myself by taking on too much debt, but I want to make sure I’m approaching this in the right way. 

That approach involves a lot of work and spending, and there are better strategies to utilize.

Quote from @Penny Wilkinson: I'm in a community of 10,000 and deal with this quite often.

Most out-of-state investors looking at Detroit are typically focused on cash flow, which means they're usually targeting C or C+ neighborhoods.

Quote from @Cameron Fowler: Hey BP Community,I am wanting to get into flipping and I have the construction experience but am lacking the cash or money to fund a deal.

I am an investor myself and also own a real estate brokerage with a hyper-focus on working with investors.

Many brokers are open to part-time agents, especially those focusing on investing rather than traditional sales.

@Jung Lee, Welcome to the community!

I’m focused on multi-family and creative financing deals in VA.

BTW, are you CA-focused or national?