The best deal I can find today is one that you buy cash, invest a rehab and when you pull out 75% of your ARV you leave maybe a small amount of money in the deal and you break even (BEFORE DISCOUNTING FOR VACANCY, REPAIRS, etc) Yes that means you leave like 10-25k in the deal and your payment becomes $3000/m and your rent is $3000 a month or slightly less.This is for my local market and for Class B or higher RE. 

A good investor agent that is plugged in with local wholesalers, is prospecting, and marketing on their own will have plenty of discounted off market opportunities that will have less eyeballs on them then the MLS.

@Iliana Herrman while your local market may feel safer there are also markets that will withstand market downturns and appreciate.

I am an investor-friendly agent and a local Belleville investor myself.

Im looking to purchase a couple of 3Br 1bath SFH in Cahokia IL and rent them to Section 8.Does anyone have experience with the local Section 8 authority?

One thing I’ve noticed is how many licensed agents don’t fully understand the contracts they’re using or the local real estate laws.

They can serve the initial notice to vacate but the actual court filing needs to come from you as the owner or through an attorney.Given you're out of state, working with a local eviction attorney is definitely your best bet here.

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

Have you tried searching through local Facebook groups?

House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer