Starting with the basics like saving and budgeting is definitely a good move, but it sounds like he’s ready for some beginner-friendly real estate concepts too, like analyzing properties or understanding cash flow.Books like Rich Dad Poor Dad for Teens or podcasts like BiggerPockets Rookie could be a great fit.

Also things like culture fit, company goals, etc.

This is in Detroit, in the Morningside neighborhood.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Flipping can be cost-effective due to lower entry costs and growth in neighborhoods.

My property is in the La Prada neighborhood but in Mesquite ISD if that helps.I know that area pretty well.

Ideally broken down to the city at bare minimum, but even neighborhoods or zip codes would be even better. 

Hey @Marc Shin, as I said in your previous post I think 4.5 cuft is the minimum.If you can get a deal on a 5.0 and it will fit, then go with that.

These numbers sound decent but whats the condition of the property and is the $925/month rent sustainable for the neighborhood?

fyi, one of my children (also in Indiana) had a very good experience with a VA loan through Veterans United.If you can find a tenant who wants to be rural and have space but doesn't have a down payment or for some other reason doesn't want to buy or can't buy, that person could be an excellent fit for your situation.