there are ways to get around the highest and you also need to take into account the savings you will generally have on the purchase side when compared to other regions. 

If the lease was not provided during due diligence, then this one is on you and your agent, which should have been stipulated within the purchase and sale agreement.

Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.

Lots are just drawn to the low purchase prices, and buy based solely on price. 

The name makes it sound like someone that will discourage all purchases. 

Specifically interested in the Detroit area as well.  

Purchase price: $187,000 Cash invested: $15,000 Sale price: $259,000 I got tired of moving place to place and worrying about finding roommate, security deposits and not having enough money to deal with maintaining someone elses home.

I've been wanting to expand out of my market in Iowa, and see that the Winter Haven, Lakeland, Haines City areas are similar to purchase points as my market.

Purchase price: $253,000 Cash invested: $130,000 Rural hobby farm on 4 acres.

@William J Anderson you want assistance in analyzing T-12s for the purpose of purchasing a property?