This is the messiest deal and worst real estate agent I've ever had the displeasure of doing business with.

You will make mistakes.

Don’t make that mistake.

However, the worst decision in real estate investing are made because of emotional attachment to property and both of these have that potential (although they also have high value if done correctly).

We won’t make that mistake again.

This is NOT to pile on as hindsight is 20/20, but maybe some one else reading this will see this and avoid this same mistake. 

This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.

The WORST solution is an unqualified attorney, because their mistakes makes whatever they come up with INFERIOR to an “off the shelf” solution.In between the two we have a good off the shelf product by a reputable vendor.  

Hi Mario C,I do agree with you that having a coach/mentor is worth the price of the mentorship to avoid costly mistakes.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!