If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

So easy to spot a social media "guru" these days.

I’ve found weekly check-ins and a shared project tracker to be lifesavers, helping you spot delays before they become major issues.

@Jordan Ray This is spot on and something we run into constantly in the New England markets, where prices have climbed significantly over the past five years.

Like when a tenant is a disaster, you are going to move that one down in some spots.

Syndication may spend your money then loose interest as an example and move on to next deal.Also, if they tell you, we are full but one spot is available, beware you are being played.

Specifically, where are the opportunities and how do you spot them? 

With your residency limits, maybe check out more affordable spots in Orange, Rockland, or Westchester counties.

Hey everyone,We’re in a tough spot with a recent client purchase.

@Bryon Andrews was spot on in his advice too - do some Zillow and FB Marketplace surfing every few weeks to see what rents in the blocks near your property have been renting for recently, and track how those fluctuate over time for a few months.