It doesn't take long to learn how to spot a good deal.6.

While many gurus glorify the strategies they’re selling through courses or books, methods like BRRRR aren’t easy and can put you in a tough financial spot if you’re not careful.

For the one's not in Miami or in primo spots of coastal FL, $22k/unit is very good.

Toilet seat in same spot. 

I’ve found weekly check-ins and a shared project tracker to be lifesavers, helping you spot delays before they become major issues.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

@Jordan Ray This is spot on and something we run into constantly in the New England markets, where prices have climbed significantly over the past five years.

@Jay Hinrichs great points here and I think you are spot on.

With your residency limits, maybe check out more affordable spots in Orange, Rockland, or Westchester counties.