Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

I used the proceeds of the primary residence I owned in NC to grow a portfolio of value add buy and hold here in College Station.

Additionally, his credit is not the best, and he has limited funds for a down payment.Any potential options or solutions that may be available?

Each unit is 3bd/1.75ba, single car garage and fully fenced backyard. 

@Adam Newman yeah, not understanding your statements, "I have $50k plus about 7k in the bank" and "take out a loan and go in with 20% from the start?".

With the right renovations, we saw it as an ideal project to maximize returns in a growing market, especially with our experienced partner, Seth Choate, by our side.

Whether you've lent money for an individual project, or you've invested in some sort of fund / group, I'd like to hear about your experience! 

Tampa, Riverview, and Wesley Chapel are booming for BRRRR and long-term rentals due to job growth and population demand, while St.

I was also a catering server, restaurant server, and bouncer (lol).

Saul, Phoenix and Vegas are popular markets, but I’m not sure they’ll actually cash flow well with today’s prices and interest rates.