I was just blown away by a much more experienced investor telling me it would lower appraisal rather then raise it. 

(roof, well, tree roots raising the A/C unit at a 20 degree angle, soft, uneven  floors under carpet, etc.)  

I live in Madrid (born and half raised) and have been involved in Real Estate deals for 6 years now.

I'm a born and raised Houstonian - are you new to the area or just BP community?

Thank you for your feedback and raising these concerns.

Which then raises eyebrows and you could end up doing the repairs yourself before sale, getting a lesser deal, or be stuck with it and doing the repairs yourself.I've had offers at 100k over ask be rejected for 30k over with no inspection.

I recently founded Auben Capital Partners to focus my time and energy on raising capital.Today, I lead a team of SFR experts who have transacted over 2 billion dollars in sales, completed over 30,000 renovations/developments and leased over 20,000 units.However it was a long road to get to this point, full of lots of challenges and lessons learned.

Where it matters is how you raise your kids.

Toledo pretty much offers the same, if you're set on that city connect with @Engelo Rumora Thanks for the plug mate,Hi Ken,We probably won't be able to assist as we offer turnkey and only to cash buyers.Our lowest entry point is $65,000 and that buys a 2 bedroom, 1 bathroom home that will rent for around $800pm.Plus, I'm pissed of with investors and lately and keeping all deals for myself heheI think you are on the right track with the 43607, 43612 and 43613 zip code.I encourage you to take a look at 43609 and select areas of 43610 and 43620.BRRR out of state is a recipe for disaster but since you are in Michigan, it isn't too bad I guess.Even being as close as you are and even if you lived in Toledo, I would always advise to get professional property management.An investors role is just that, to be an "investor".Elevate and delegate...Sure, you can probably manage 1,2 or 10 properties but that can eventually turn into a full time job.IMO, you should focus on scaling as in finding deals, raising capital, buying more properties, growing your portfolio, etc...And not dealing with tenants and toilets.Wishing you much success

The rents are still strong and there has already been good appreciation as the builder runs low on homes they have been raising prices.