This deal showcased how strategic planning, targeted improvements, and a strong partnership could deliver impressive returns.

It'll be easier to start with a turn-key property, but if you have a good contracting team, a value add will typically offer better returns. 

These are just ideas I have been asking myself.I think if I could just pinpoint a direction I am confident in, it would make things so much easier to focus and really strive toward.

I'm hoping this makes it easier on all of us. 

Your reinvestment targets for a 1031 exchange would have you purchasing $700K of replacement real estate using all $500K of equity. 

Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant? 

Majority of my target market is International Students, serious about their Studies, not interested in causing issues.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

However I would say those lenders would be more willing than a bank to write the mortgage, and after completion you can refinance it.Overall, its probably easier and better use of your time to just find another house that doesn't require the construction and where the numbers make sense.