Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain  As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.

To each their own.Also, this was 2020-2021 when the market was nuts and every syndicator was looking like a rockstar beating expectations on their deals.

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

hey kenneth, It is really difficult and any market right now to find cash flowing deals.

They’ll have a deep understanding of the market and a strong network, which can help you identify the best opportunities.Owning rental property isn’t as simple as it might seem.

It possible that the market will stay low for a long time.

Those that own it can be harder to sell as the cash flow from the business will cover the debt service for the business, but not for the real estate.Example: I had a very high-end assisted living facility on the market. 

Here are the markets I’m exploring:St.

I’m targeting assets between 25-100 units located in high-growth markets that exhibit strong fundamentals.

And I have had two potential opportunities "fall into my lap" that involve inherited properties that need major remodels to be able to compete in the MTR market.