That's not my style both because I don't want to be a slum lord and because I'm not investing in Detroit purely for cash flow.Yes, I know Ashley bought dumps in that price range and fixed them up and now they're worth more.

When we bought the house we are living in there was a 2,000 gallon fuel oil tank buried in the front of the house.It had been disconnected from the furnace when the furnace was switched over to propane, but tank was never removed.We found out from the state environmental agency that the tank needed to be inspected before anything could be done.

They wanted nothing to do with it due to the environmental risks and even said they would specifically exclude that from any lending. 

The 70K is for the lot and the cabin (Ikea style).

At least more so than a set and forget style syndication.

I am in an area with very low worker supply so the rate is $135-$150 a sq ft depending on style and niceties.

If you're open to doing Airbnb-style, short-term rentals, being near downtown on the east side or between Old Colorado City and Ute Vally Park on the west side are great locations, and the returns can be pretty great. 

@Adrian EasterlingI don't hold any secrets, not my style.

Did your lender not require an environmental study? 

The paint in other rooms is not great, mostly out of style and lots of different colors.