(A-B) Step B: wholesaler places buyer under contract (B-C)Step C: ClosingWholesaler (or PML) wires title company (not the buyer here) The funds for Step A contract).

Quote from @Laura C.: That's helpful. 

@Allan C. is correct in using your high income to quickly get your seed money.Target appreciation: Look for properties in up-and-coming markets or those with potential for renovation to increase their value.

Now these would be A and B  properties not C or D class  

The owner took weeks to write a one-line review for me when I sent her several things wrong (broken window handle, A/C not working property, fridge about to break).

What do you file for this "income overseas," do you file SChedule C self employed on your personal 1040 tax returns ?

@Aaron Raffaelli we call all the cities that touch Detroit, the Ring Cities - except the Grosse Pts.These cities are mostly Class B and are solid rentals.Detroit overall has gentrified to Class C, but at least a third of the city is Class D still.Check out the interactive map on our website and watch for whats coming...

Out of town, especially in places that are tenant friendly or C/D areas, are for experienced investors only.

J F C...I suggested the video to illustrate the mechanics of it, not for people to nit-pick it to death!

If they really are, you should ask for copies of city permits and proof passed inspection.Fitzgerald-Marygrove Neighborhood average property value is only $87,549, making it a Class C-Minus Neighborhood (in our opinion).