Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase. 

These leads were very unresponsive and may pan out over a longer period of time but the time involved is just not worth the effort.  

I just meant to say that it's our next goal to build that up, having just gone on a spending spree on fixing up both properties in a short period of time.

-Build a strong network in Detroit of real humans over a period of months, buy a better deal, hold it for 10+ years, weather early storms:  better chance for success.Even on that latter deal though, are you going to cash flow in month 1 or year 1 or even year 5? 

and it definitely has felt that way haha, I've been posting it EVERYWHERE.I was drawn to S8 for the slightly above/guaranteed rents and the very long term tenancy.

The seller must think he is sitting on a really hot property, or the buyer is asking for too long of a DD period.

Additionally, Airbnb income during this period could generate steady cash flow, though market conditions and regulatory risks should be considered.

Not a Guaranteed SuccessA coaching program is not a magic pill.

You'll need more capital and most will require a personal guarantee and personal financial backing. 

It can take up to three days to serve, then you can file in court after the 3-day period.