the marketing must be different than a $400,000 home- What aspects of real estate do the multi million dollar buyer look for, As opposed to a couple hundred thousand dollar home? 

I have been looking more into wholesaling and I am slowing putting money into REIT’s and learning everything I can about every aspect of real estate and general investing to not just jump into this blind.

While I don't have years of experience to draw on for how the real estate market behaves around elections, I believe it's like most aspects of investing—unpredictable.

More than likely, the loan officer on your file either A) didnt know their own product very well, or B) glossed over this aspect in order to get the loan to closed due to a lack of integrity. 

Consider not just the purchase price but also renovation costs, property management fees, and local rental rates.Consider the Property Management Aspect: If you’re not planning to manage the properties yourself, finding a reputable property management company is essential to ensure smooth operations.Stay Updated on Local Regulations: Familiarize yourself with rental laws and regulations in Detroit to avoid any potential issues down the line.Feel free to ask any questions as you continue your journey.

In my experience, this has been the most time-consuming and cumbersome aspect. 

There are a lot of properties with illegal/grey aspects to them.

My fear is that they might be more focused on the marketing aspects of finding investors through educating the average investor.

For example, I am a little concerned about some aspects of the business cycle recovery and a potential for a double-dip so I lean toward the safest part of capital stack which is debt (or low-debt equity).

The Millpond Ct property sold for $785,000 on 11/15/2024, generating a remarkable return on investment.