And you said it’s an ARM?  

Came back months later and noticed he had cut them with a Machete versus the saw.A Machete is a person's third arm in a third world country. 

Many of these were lost in tax sales, and the ones that they got re-performing underwrote loan mods at low single digit interest rates during ZIRP and could not resell them at a profit once interest rates were hiked.

This week he met a syndicator that has a lot of success (by a lot I mean lives in easy 8 digit home, local and in Detroit), but did not really know what to discuss or what to try to learn from him.  

It's easy- often the properties are already rented and managed, and you can be arms reach away from the property while someone else takes care of it. 

People can remotely access the homes using your digital lockboxes, if you have them.

We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%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.

You should be able to get a good feel for their knowledge and expertise through digital resources they provide (webinars, youtube videos, social content) Character - You need to believe they have your best in mind and they prioritize it.

Attractive digital marketing fliers, 3d tours, professional tours, rent specials, and competitive pricing all help too!

I am financially free (8 digit net worth snd expect to achieve 9 before i die) but never see myself stopping the pursuit of more wealth.