The mix of affordability for tenants and upward trends in neighborhood development has kept the rental demand strong, which is key when looking at any rental market.Appreciation Potential: While cash flow is a key consideration, many parts of Detroit are seeing appreciation as revitalization continues.

The key value you bring to a seller is speed.

The key is to clarify your goals and priorities.

My team does Turn-key, Renovations and new construction homes in the Poconos Region.  

However, I did speak with the realtor, and she sent me information on key items like the water heater, which was last replaced in 2014.

Looking at successful real estate investors, we can draw insights from some key figures:Sam ZellDonald Brenand Barbara Corcoran. 

The formula calculates the maximum amount to pay for a given property once two key factors—the after-repair value (ARV) and estimated repair costs (ERC)—are considered.The 70% Rule Further ExplainedThe 70% rule states that real estate investors shouldn’t pay more than 70% of the ARV minus the repairs needed.

The key is finding properties where the numbers make sense despite rising rates and construction costs.

Having said that you can make money here, but choosing the right neighborhood (resort) is key.

Saving up for a cushion is key, but remember, you can also explore low-down-payment loans like FHA to get started sooner.