Where these numbers are found, there is a very high rate of rent actually being paid.Here is a video where I analyze a property in the Detroit area if you/anyone is curious.

If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.

I have mine really nicely furnished with good quality furniture and high end finishes (quartz, stainless steel appliances). 

I would retort that one can deliver both low price and high quality to real estate brokerage.

Cash invested: $40,000 Sale price: $205,000 Strategic Market Pivot: From Long-Term Rental to High-Yield Fix and FlipThis property was strategically transitioned from a single-family long-term rental (LTR) into a fix-and-flip project after analyzing market trends and identifying a pivot that would yield better long-term returns.

For example, if you’re holding a triplex in Irvine, the strategies are going to differ greatly from someone managing high-end rentals in Newport Beach.Costs and Terms: Watch out for hidden fees.

Overall, the City of Montgomery is highly focused on attracting large companies to its' vastly diverse and well trained workforce.

But at the same token, buying to high or the wrong properties will cost you substantially.

Not everyone can do that but with high interest rates more cash is needed.

Rural town but within walking distance to an elementary school, a high school and a nice restaurant.