You do not need a separate LLC for each property or a series LLC!

I purchase the land from a local jeweler who I tracked down at his business and asked he was interested in selling.

Your property:2bed/1bath: $7001bed/1bath: $550Efficiency: $400That's $1,650  a month, not $1,100.

I thought you were building to sell.

Hi, Are all big players selling off RE and keeping them cash ready? 

This is a good question.I found that meetups are kind of like you described not much really happens there and for sure REIAs and their monthly meeting kind of the same people talking about the same thing then bring in ( at least what i have seen with the PDX reia) folks that are presenting on things that worked decades ago.. and want to sell their stuff for a few grand.For me personally the best networking hands down was SF Bay Area events  San Jose Reiaand LA  FIBI events.folks in those markets are very real estate centric and generally more experienced and in San Jose so many tech folks that have done really really well.. maybe not in RE but have done great in TECH and have quite a bit of bandwidth for investments..

First time poster here.....my husband and I are about to sell our first flip. 

Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

Most decent lots are selling in the $50k to $60k range. 

However if it is a larger property I comp it like I do a commercial property with a cap rate and with cash flow.