Connecting with someone knowledgeable like you would be an invaluable opportunity for me to expand my understanding of the market and gain some valuable insights.Your expertise and advice are highly respected, and I genuinely appreciate any assistance you can offer.

Let me know if you live in or near Ann Arbor, MI, so we can go for a coffee and chat about RE.

My current agent is suppose to be an expert at auction.com homes.

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

My questions to all the lovely BP folks here, is there anything to be cautious and look out for new construction homes and are they viable to be an investment property?

Fix and flips can be an exciting way to start, with the potential for quick returns.

Btw I don’t claim to be an expert here I’ve just heard enough wealthy people talk about this.  

I know some people will disagree with me, but life insurance is not meant to be an investment.

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

I attended seminars, joined meetup groups, and regularly invited local professionals for coffee to learn from their experiences.