If so, how did you approach it initially?

The Fed’s cuts in 2024 initially moved mortgage rates downwards to their lowest level in nearly 20 months.

The rent-to-price ratios in many neighborhoods are strong, and the city’s population is finally growing again after decades of decline.One thing that stands out to me is Detroit’s median home price—around $95k—which is far below comparable cities of its size in terms of population.

The more cash you put into a property initially the more cash flow you get.

(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)? 

Initial Equity: The discount you achieve when buying below market value.

You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).

Many investors successfully build portfolios remotely, but thorough market research and assembling a strong local team (agent, lender, contractor, PM) are key.

The Main St property in Grainfield, KS, offered a promising opportunity due to its low purchase price and strong potential for a high return after renovations.

This deal leveraged strategic financing, value-add renovations, and market knowledge to deliver a strong return.