Purchase price: $160,000 Cash invested: $480,000 Mixed use building. 1 storefront plus 2 2-BRM apartments.

I know a local mentor who has a wide range of RE experience, but with mixed results on her level of success.  

When the comp is obvious, I am done.When it feels sketchy I add trulia or redfin to the mix to cross-reference the numbers.But always manually.Comps make or break the deal.

In the west, it's the opposite, so maybe an approach could be looking at a portfolio that diversifies by having a mix of CF, Appreciation and turnkey vs. value add properties. 

Both areas are in the "mix" ie. close to major roads, tollways, etc.

@Allen Zhu as others have already commented, using zip codes is not a sound strategy.For the City of Detroit (please don't mix the city & the suburbs!)

We can mix STR and MTR when needed.

Now, don't mix up a sale price with what I am saying. 

Location matters, too, as does the mix of renters you put in your units.

If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel