Did you expect it to be that lucrative when you made the purchase?

A specialized commercial broker in a specific niche or any commercial broker?

They have never purchased a house themselves or flipped a property, but they look great on Instagram/Youtube and here in Bigger pockets, too.

One of the things we do and recommend to our clients is to purchase a home owners warranty to cover all of the mechanical, electrical and plumbing compenents.

When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.

Highly recommend starting close to you so you can get eyes on the property if you do decide to purchase a true rental. 

Are you looking to purchase more RE in the near future?

If you are looking for Detroit-specific help, @Drew Sygit would be a good resource.

So, you go over budget FAST.So, your Scope of Work (SOW) MUST be very specific as Mr Perez learned when contractor didn't put in new outlets.To "perfect" your SOW, suggest you walk the property with 3 contractors and ask them what needs to be done.

Their expertise can often pay for itself in the form of reduced taxes and increased savings.Takeaway: Look for professionals with experience in your specific market for tailored advice.By implementing these strategies, you’ll not only reduce your tax burden but also set yourself up for long-term success as a real estate investor!