I’ve been part of the BiggerPockets community for a while, but this is my first post. Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:
A triplex in MaineA s...

Our analysis is ARV - Rehab estimate - Finance Costs - Holding Costs = Profit.  

I'm with you that sidewalk slip and fall litigation may be less likely in the Midwest than say Mid Atlantic which tends to have more litigious cities but dismissing premises liability issues can come back to bite an investor and when these properties have such razor thin margins that an investor must consider the cost benefit analysis of safety against ROI, there is a real estate issue and is usually a losing proposition.   

All reviews will be written by AI and AI will read them for analysis 😂

DM and I'll provide a detailed analysis.

I was stuck in analysis paralysis for 10+months and then I read this book and no joke had my next project under contract within 3 weeks.

To invest out of state successfully, focus on building a strong local team (agent, PM, contractors), automating deal analysis, and using contingencies to protect yourself.

Rent analysis is around $3400-3500/m which will net me $1200-1300 cash flow if self-managed.

If you have any questions about market analysis or how to get started, feel free to reach out.

I don't want to waste anyone's time providing quote after quote for me for the properties I am merely in the analysis stage with.