Through my experience, I’ve cultivated a conservative approach that balances opportunity with risk management that I apply to every deal that crosses my desk.

Some clients who are more aggressive will invest in B-/C+/C class areas in Dayton 1-4 units and get A LOT of cash flow, but incur risks of evictions, expensive turnover renovations, and general C class neighborhood headaches.What are you looking to achieve?

It will teach you so much, has the best financing options, least amount of risk, and will let you know if you want to be in this business or not. 

I will say anyone offering this should be giving you all the pros and risks of the flint marketplace.

Spending the owner's money, not saying anything, and letting them discover it while reviewing the monthly statement is unprofessional.

Trying to scale is a RISK proposition.  

At it's basic level:Assumption: Asking the bank to turn the loan over to you and going through the normal underwriting process, credit, income, DTI ratio etc SubTo: Taking over the loan without telling the bank, no underwriting, no credit check, no income verificationBoth have risks, but it's not my intent to be detailed in this post.

I’m willing to have some risk but not to the point I go under if I can’t leverage the mortgage on my own.

So while there is always risk in this area - i don't know. 

Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.