Ross:Here are my thoughts:1) "As is" basically says to me they do not intend to give a discount because you suddenly realized the roof needs replacing. 

It will familiarize you with the basic terminology and benefits.

So basically, for a B minus area, for a 3 bedroom brick home you will spend 110k for a rental that brings in $1,400 per month and in a class D neighborhood Section 8 you will be all in for the same cashflow at $80k.If you extend you view to "Metro" Detroit you have more opportunities in Cities like Warren, Hazel Park, Taylor, Romulus, Eastpointe, et al,. 

I'm attaching the screenshot that she sent to me.Here's Justin's address: 34 Seabridge Drive, Ormond Beach, Florida 32176Here's Justin's birthday: 10/27/1984

I think you are definitely on the exact right track with your thinking - have you put all this side by side in excel (very basic excel "modeled out")>? 

The key is to start with a solid foundation—understanding the basics will set you up for long-term success.

Another thing we did several years ago was we took loans we bought at a substantial discount, I hypothecated about 70 of these loans and it was basically the BRRR strategy as we got our money back out of the deal, and the investor got 5 years of cash flow and I kept the back 10 years.

a simple drive by would have probably shown the property was in the HOOD..

I'm basically at water level on this, and I don't know that other investors could make this cashflow any more than I could without me selling at a huge loss. 

Hurricanes aren’t what’s driving up insurance rates in Florida.