I’m also using a 6% vacancy rate, which brings the net monthly cash flow to about $200 and a CoC return of 13.06%.Summary:I’ve created around $50k in equity (difference between ARV of $200k and total investment of $155k).I’ve got about $10k or $18,385 left in the deal (factoring in closing costs).The cash flow is healthy, and the CoC return is strong, especially as a first-time investor.Questions:Does anything look off or could I improve the numbers?

Investing in the right upgrades can lead to a strong return.

From my experience, cities like Greenville, Columbia, Augusta, Huntsville, Chattanooga, and Jacksonville offer strong house-hacking opportunities with growing job markets, solid rental demand, and affordable multi-family options.

Generally, a good property manager will make sure to do the following:- rollout a strong marketing plan - thorough application process - know the fair housing laws- have the vendor relationships to take care of any emergencies that could happen- dealing with late fees & evictions!

Criminals have a strong propensity for returning to crime shortly after leaving prison.2.

.: I recommend networking and building relationships first.

Worth area is very strong for rentals because of the job market.

Hey Matt,We’re still seeing strong numbers on 2-4 unit properties in Detroit, particularly on the off-market side.

@Alexis CanalesYou're in a tough spot because FHA and most conventional lenders require two years of self-employment history, even with strong financials.

Quote from @Hayley Beckman: Quote from @Travis Biziorek: Detroit has a lot going for it—affordable prices, strong rent-to-price ratios, and an appreciation story that’s still unfolding.