These costs would eat into your profits.The case for sellingEven at $125/month, your cash flow is slim, and any unexpected expenses could turn this property into a liability rather than an asset.

These properties will now eat you alive.

HOA will eat up a lot of your money. 

The $10,000 yearly maintenance fee is really hurting your cash flow, as it’s eating up all your profits.

Sure, mortgage insurance eats into your cash flow a little bit if you're putting less than 20% down but in the scheme of things it's really not that much.Also, you won't have 20% equity in your property in a year assuming you put 10% down unless you are forcing appreciation or you somehow get some high market appreciation.

So additionally, that there's only 30 days to close and it eats up time for an inspector to schedule time to come.Do you allow inspections of your contracts?

That kitchen looks good but needs more stuff so families can cook and eat there.I think you guy look good in the photos, but it can be a turn off to prospective guests so I would remove those.

Hi Martti,I happen to be someone that lives, eats and breathes in this area of Real Estate investing every day in Detroit MI. 

It is not a scam, but you will have a very hard time finding a deal that is worth working with them, and frankly you are going to have to find someone that does not understand at all what their property is worth and get them to accept a super lowball offer to make it worth it. even then their points and fees will eat up so much that getting the 10% down loan will have a much much higher profit margin.

Our team will be eating duck, goose and a lot of eggs.