Land in michigan is less than in texas , north texas.I will give you examples on cost differences.Material prices are the exact same price if not a little less.texas framing price per sqft $2.00plumbing $9500hvac $9500concrete Labor only $2.00 per sqft  Concrete $180yd 5 sackdrywall $10500Electric $8000Ok here are the michigan prices , better sit down.framing $13.00 sqftplumbing $25,000hvac  $20,000concrete is about the same for materialdrywall $20000electric $25000Both quotes were for a 3/2/2 home with 6/12 roof hipPeople in michigan wonder why houses are so expensive , its because of the sub contractors.The plumber only has about $5000 worth of material to do a whole house but yet there still asking for $25000

People priced out of the state will stay put where they are or try more affordable places like Alabama, Georgia, South Carolina, North Carolina. 

Either way, they would adjust lower than the sale/list prices.I did a quick and dirty mls search for that area (around Main St and North) over the past 12 months and found 2 active listings, 2 pendings, and 8 solds. 

Expect to pay north of 8.5% on the rate and to be capped at 70 or 75% CLTV. 

I recently acquired two properties in North Carolina for rehab and flipping in next 2-4 months.

Which area is better for LTR SFH, Cape Coral vs Port Charlotte vs North Port, or Punta Gorda?

I have a very limited area I want to buy in because I require a school district score of 7-8 through all years. in North West Indiana that covers about 4-5 areas.

@Ropo Sanni -  I have been an investor agent on the north side for 10+ years.. 

Tarpon Springs and north of there is New Port Richey they are both great areas to still make money. 

@Irving Rivera i'm not someone that can offer you any kind of service but I can tell you that I have a property in North Lawndale, and it truly is block by block.