After more than a decade I have stopped BRRRR-ing a couple of years ago when the market started going nuts.

OK i have real experince at this having bought CA tax sales for decades..

having been around this bizz for decades now on the private lending side I will tell you many to most private lenders started in the mom and pop rental bizz tire of it and switch to be the bank.. and right now wih rates up there return would be quite handsome .. but you do need to use caution..

My missed point was that US citizens are voting with their feet and moving vans and have for a couple decades.

We use a custom lease that has evolved over more than a decade to protect us and the property owners.

You have a lot of people here on BP who have been in the biz for decades and also know a lot of other landlords.

Today's interest rates are more difficult to do deals but people also did deals at 6-8 or 10+ percent interest in the 90s and for decades prior.

I would think a garden and parking are an attractive draw in peniche, especially in the high season. 2.Adding value – To be determined amount of renovation/redecoration work is required on the property since it has been sitting empty for 4 years and hasn't been updated in decades.

What I can say is that in any business, it can take years or decades to create and nurture a client relationship.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.