that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

Maybe she’s financially illiterate and won’t see what a scam your seller finance offer is, but she did have $100k laying around to buy the property, so probably not. 

Hi everyone,I am an out of town Michigan alum that's contemplating buying a SFR/Duplex as an real estate investment in Ann Arbor, preferably close to central campus and/or close to one of the University bus stops. 

The formula that is sticking out as a potential to me is what I have been doing quietly the last 6 years: buying a cosmetic SFH fixer in B areas with 3% down, live in and renovate, long term rent and repeat.

Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

Then generally the best advice is to buy in the best area that you can afford, even if the cash flow isn’t as good in year one you will get more market appreciation in equity and rent growth in the better area.

If you ask for a CMA from a local PM, you will be able to make sure the numbers make sense before you buy!

I'm looking to buy my first rental property, that I would live in and use the BRRRR method on.

Quote from @Cameron Marmon: Hello everyone,In July 2024, I created a partnership LLC with my girlfriend to buy a rental property.

P.S. also reach out to experienced real estate agents that cater to buy and hold investors and let them know of your intentions and availability.