Challenges?

Challenges?

This is a challenge move.

if something is just sitting on the MLS looking too good to be true... then it's too good to be true.these properties are going to have higher costs overall, be in more challenging neighborhoods, have very gnarly deferred maintenance and capex, potentially have liens, be high turnover, and require expert, highly knowledgeable, localized support to be successful. see for example this thread.https://www.biggerpockets.com/forums/48/topics/1137397-balti...and even at those price points, i think cash flow is fairly low to non-existent if rehabbed to a high grade, especially with DSCR debt. 

Challenges?

- **Challenges**: If the home needs repairs, lenders may hesitate unless those issues are fixed.

With its unique Tex-Mex menu and brand appeal, Chuy’s has already established itself as the leading full-service Mexican chain, providing Darden a foothold in the rapidly growing Mexican cuisine sector.As the company looks to expand Chuy’s, it faces challenges in competing with local operators and navigating consumer preferences.

Challenges?

Neighborhoods like Morningside, East English Village, and Bagley are great examples of areas where properties have appreciated, and there are still a lot of up-and-coming pockets where there’s growth potential.Detroit isn't perfect, of course, and it has its challenges, but I've found it to be a great market to build a rental portfolio that balances cash flow with appreciation.

I have a MTR on the Southside of Columbus near Nationwide Children's Hospital and use a local PM to manage it.