Evicting them, even after purchase, could be a lengthy and costly legal process.

You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).

I am trying to get a good hang of the rehab costs since I’m new to the are (from Dallas).

I would avoid working with Leslie Pappas / Archer Investors at all costs.

Additionally, cost segregation and bonus depreciation can accelerate tax benefits.Because filing as single taxpayers limits certain deductions, planning in advance ensures you maximize benefits while avoiding complications.

I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...

The masterminds often encourage students to finance the new-car like entrance fees on a credit card, on the promise of just a single deal covering all the entrance costs. 

The city also benefits from a relatively low cost of living compared to other major cities, attracting both renters and investors.

If I were to guess, I would think that the new administration will bring positive change to the housing sector by removing regulations that impede builders, and affect building material costs. 

This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area.