Quote from @Bonnie Low: Hey, Colin!

Did a neighbor or the neighborhood worry them?

It is never good to be the biggest or most expensive house in a neighborhood.

They keep rent low, give gifts and homemade cookies for Christmas, make upgrades whenever the tenant requests,  accept all the late rent excuses, etc.The truth is, your tenant is not your friend.

Up north the gas company will install additional meters for a very low cost, usually hourly billed time for the work and possibly low cost equipment.

I've done multiple BRRRRs myself and tend to find the best opportunities in C, C+, and B- neighborhoods where the inventory of distressed homes is still there. 

I feel like it's a space where great operators can really clean up, since the bar is set really low, in my experience at least.

my market is near the nation low in both evictions and delinquent rent even with very tenant friendly laws.  

@Joseph Gary there are Class B Neighborhoods in Detroit and most of the Ring Cities (suburban cities touching Detroit) are now Class B.We've got it all mapped out @ our website.DM us if you'd like to discuss more:)

Quote from @Bonnie Low: I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.