The clients we work with who have found success letting us help them find highest and best use of properties, then we manage them for a year, and then pull out 60-70% of their money, and do it again - rather than waiting several years for a home run hit. 

This is what the assessed tax value will reset to after you purchase.  

If there isn’t significant equity capture at this purchase price, and it’s not in a great location, this would be a pass for me.

We would likely take 2 years to rehab since this is our first one. 

The other platforms can sometimes help, but they’re not as reliable.

We would love to help you in any way we can.

In this case it might be more of a 20/65/15 to get what you need out of selling the 1st. 

Of course, there's a lot more to it than I put in this paragraph, but I hope it helps with general parameters. 

Also, an "eyes on the block" neighbor can be helpful.

@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?