Quote from @Alan Asriants: Great information!

However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

It's an amazing place to learn and grow in real estate.

Quote from @Dave Bobka: Excited to be joining this community!

You can learn a lot about the investing. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

I've learned something in every one of them. 

@Brian King What about something like this for a fix/flip in Smoketown: https://www.realtor.com/realestateandhomes-detail/822-S-Hanc...

This is a two-sided beast. 

Details can be found at https://www.biggerpockets.com/forums/521/topics/1224992-brew...