Purchase price: $40,000 Cash invested: $65,000 Purchased this 2 bedroom, 2 bath mobile home on a 2 acre lot with well and septic.

Raise fees on building permits, give tax credits on renovations.Suburban sprawl really hasn't been a good thing for the US.Of course, it's all about supply & demand.But, if you can figure out why more people want to live in Hazel Park (leading to teardowns & rebuilds) versus south Warren or Eastpointe (nothing happening) then you can make millions.

usually off market, not on.

I was able to figure out that they had come upon some hard times and were significantly low on cash.

Depending on area, coverage needs I have seen varying carriers best fit the policy needed.

Really the person that is going into the flipping game should know the market very well to do these comps on their own, and back it up by asking their trusted real estate agent/professional for confirmation.

I know sarasota I've been. what's your target exit price for the home on a new build? 

Always recommend local (or at least some level of boots on the group).

Are you planning on eventually selling them as condos?

The house was on the market for a few weeks, I submitted my offer after the seller reduced the price to $24K.