Here's why:Detroit, MI housing marketIn April 2024, the median listing home price in Detroit, MI was $89.9K, trending up 13.8% year-over-year.

I got this house at such a discounted rate because of the shape that it is in and because it was a friend who I am trying to help out.

Denver has been a very solid market over the last 10 years and looks to continue the trend as migratory patterns continue to head that direction. 

Additionally, we are open to exploring opportunities in other areas as well.We are particularly interested in:- Learning how to analyze these properties for cash flow potential- Understanding the local market dynamics and trends- Networking with experienced investors who can offer advice and mentorshipWe believe that with the right guidance and connections, we can make informed decisions that will set us on the path to financial independence.

The house was in really good shape, sans the pool..( about 7k in repairs.)

Understand the local market conditions, including property values, rental demand, economic trends, and neighborhood dynamics.

Yea the awkwardness of the shape is what is killing me.

Appreciation is never a guarantee so you follow migration and development trends to hedge your bets.

The rise of DSCR only brokers has certainly exaggerated this trend.  

Strong Long Term Trends: The shift to the experience economy continues.