Welcome to the real estate hive Veronica.. are you open to exploring off-market listings through your network?

Educate yourself on how to handle marketing, screening, late rent, lease violations, etc.

The strategy may change, but every market can work.

This is one of the main inherent risks with pre-construction, and the pre-construction market has cooled, and with impeding tariffs, there is some uncertainty around where prices will be in the coming months.One thing to clarify, are you looking to buy an investment property or a primary residence (or perhaps abit of both where you live in one unit and rent out the other)?

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Is there anyone in your local market you could take out to lunch who does flips?

Much like other markets in the Midwest, investors go to our market because of the low barrier to entry.

If things go sideways, you discovery greater rehab expenses, the market takes a turn for the worse, you can get in the red quickly. 

So the risk is lower, as long as the market doesn't drop 20% and stay that low for the next 3 years. 

Do this quickly because some counties have a time limit on when you can appeal.I recommend you research the market for:- Comparable Property Sales- Condition of your property, including anything that may affect your property's value- If you are really serious, an expert appraisal may be worth the effort.