Hi Karen - Building strong, reliable relationships with a few key lenders can simplify the process and build trust over time.

Looking for $100-300 cash flow per door is commo, just focus on strong cash flow and manageable rehabs to have a solid growth.

I'm currently based in California FWIW.Detroit has a lot going for it: affordable properties, a solid rent-to-price ratio, and a ton of neighborhoods with strong rental demand.

With a fresh perspective and a strong desire to learn, I am committed to building a solid foundation of knowledge and experience.

If you employ the BRR"R"RR strategy now, you’ll be in a strong position to capitalize on discounted properties and refinancing opportunities when the market conditions align.In short, while the BRRRR method we once knew has become harder to execute, adapting it to BRR"R"RR makes it a viable and profitable strategy in today’s market.

All of them would have strong pillars that go into the ground, so it's stable and safe but has a treehouse look.

Find something you are comfortable with because you have done strong due diligence.

Over the years, I have 1) invested heavily in education (underwriting, financing, market analysis, asset management, identifying macro/micro trends per market, etc), and 2) developed strong relationships with a network of accredited investors who are interested in diversifying and jumping into the multifamily space.

As for your scenario of exchanging two Airbnbs into an apartment complex, it could be a good move if the complex is a strong investment.

I am aiming to keep this long term.I plan on asking for repairs but I strongly doubt I will even get a discount.