However, at $105 per SF seems very low.

I have a confession: my only duplex, which I gave owned now for 2 years and recently moved out of from a house hack, has proven to cost me more to maintain/pay taxes/repair/fix etc to the point where my cash flow is close to zero.

For flips, ensure the profit margin after all costs is at least 20%-25%.

So if you discount a small amount to get rolling, that is something that can work, but don't want to stay low for long.You will start to get the dregs staying at your place and they can do some real damage to the place.

Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!

Anything that is worth going after will more than likely cost you money in the beginning.

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

The ability to do cost segregation and bonus depreciation3.

One issue that I'm noticing is the range of reported insurance costs.

DSCR loans are not that low and regular hard money loans will be in the double digits.