Is inventory as high as you hear in the media and are builders offering financing at more competitive rates?

It was reassuring reading some of the comments here regarding it being an investment and not a charity.

My journey officially began at 16 years old, right after high school, when my father and I sold the house he was going to gift me and my brother to fund our first vacation rental in Cozumel, Mexico.

That weeds out 95% of them.Debexpert fees are too high to make the numbers work most of the time. 

How high can housing prices in the City of Detroit go?

This is too high to justify the ARV of 350K.

On a high level; you should have below (besides other minor guidelines) to qualify for 15% down DSCR: 1.

Regarding your question, yes, we can capitalize the expenses of $19,398 and depreciate them under Section 179.

It's also ideal if you know what strategies support your particular deal (fix and flip, BRRRR, rental/turnkey or STR).Feel free to connect if you need any tools to support you in these mentioned regards.

The unfortunate reality is that the BRRRR book made a lot of sense when it was published, but with the high rates now, BRRRR is much harder to accomplish.