As those prices fluctuate, there is a builders somewhere putting his feet up waiting to see a market turn more active because the last thing he wants to do is start paying crews to build houses, that could drop in value while he's halfway through the build process and losing equity halfway into the project.

It's a very local question based on the comps and active/recently sold inventory inside the community.

I currently live and invest in the area and know my market but many of out of state investors get taken advantage of if there don't play an active role Detroit.

Absolutely no screening activity involved whatsoever other than these non-fair housing related mentions. 

Understand you have great equity position but it is expensive, but more importantly  takes a lot of time and very distracting from other money making activities to foreclose.

Hi Kmsuea, it all depends on your commitment to actively looking for and purchasing a property. 

Too few investors are actively focused on stabilizing and upgrading their current assets in favor of scaling too quickly.

Unless you do that, I would not use the LLC for any activity on this property.

Others who are active within the program may have other intel to share.

The portfolio is turnkey/ fully furnished and active.