So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.

@Michael K Gallagher Any major cons I should look out for if I decide to house hack? 

Trying to save $$ so I can prepare emergency funds in case of any major repairs etc .

Investing abroad is not something that a majority of investors think of but a lot of my clients have been lately!

This could be minor, or major work that we wont know about until that inspector comes out. 

If you have a truly superior and/or unique product it will be easier to not have to compete with price. 

This would allow you to sell a property you had purchased with the intent of holding for productive investment use. 

Check out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/

Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.

But you typically want to be easy drive to some major metros.