Markets like Texas (San Antonio or Dallas) or North Carolina (Charlotte) could offer better cash flow with lower costs.

Quote from @James Wise: Quote from @Bruce Woodruff:  I still find the Forums almost as fun as ever, but I'm just here to have fun and offer advice where I can actually provide any useful help....Lol....Yes, the search feature is not great, but I find that true for most forums....?

It’s less than 15 minutes by car from two major universities (Towson & Morgan) and just a 7-minute walk from a shuttle that services both campuses.I plan to rent the property by the room, targeting mainly college students due to its proximity to the schools.

The only thing I will say that I wish they offered within the app that they don't is a way to track mileage. 

That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.

We see that the U.S. market offers more financing options and greater flexibility compared to Europe.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Why not use the higher end of the estimate and once you are serious about putting in an offer contact your broker then?

Id keep looking if it was not an approved short sale ( even an approved short sale takes a very very long time and theres no guarantee that you will even close on the house after months of waiting). q1)There are plenty of non traditional lenders that could offer you construction financing if the numbers make sense but it will cost you with points and a higher rate.

Jonathan Having worked most of those markets (Detroit included), I'd say most all of them will offer investors a very similar return.