Is BP a hot spot for high volume wholesalers?

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

The best deal is in the store, which is what they stock, but online still beats everyone else. 

Since you’re coming in cash, I’d focus on areas with strong fundamentals—Summerlin and Henderson are the usual favorites, but there are plenty of other solid spots depending on your lifestyle.Rentals have performed well.

@Cameron Nordin, @Jon Taylor's explanation was spot on. 

Chris is spot on like usual.

Not to put too much stock in hindsight, but wasn't the noise there when you toured the place?

That housing stock is new enough and you will probably not be dealing with a lower asset class which will increase tenant caused maintenance in the long term. 

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Wth spot footings and all that.....I'd say maybe even higher....?