This is as simple as going through neighborhoods and finding distressed properties, and learning how to make them offers.

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.

The market here offers strong appreciation, but we don’t just rely on that—we focus on highest and best use.

Jonathan Having worked most of those markets (Detroit included), I'd say most all of them will offer investors a very similar return.

Airdna can provide average figures for these rates.Step 3: Identify and add the right amenities to differentiate your listing and boost occupancy.Example:I manage a 450-square-foot cottage in Sandwich, MA (Cape Cod) and offer an amenity that outshines the competition.

It looks like this offer never expires.

Stable job for 20+ years.

Not a tough process (unless you stink at your job as a property manager, right?)

As for offering subject-to financing, this is something that can be advertised under 'seller financing' in our local MLS, and there's investors that search specifically for listings with that marked, so that should introduce your property to a new set of buyers that may not have considered it before.

Make the offer appealing by highlighting the short-term ROI from his renovation expertise and potential profit-sharing during the partnership.