Quote from @Clare Cui: Wow all these insights are so powerful ,and ultimately I decided to go with my gut and Im glad I did.

Hoping to buy one property by the end of this year, 2 next year and to scale up.Neighbourhood: Class B or C+ neighbourhood.Rehab: Comfortable with cosmetic and upgrades to the property but not a whole tear down gut job. 

I have never had to do a full gut on a home yet, mainly just flooring, paint, appliances, and interior work.

For us, we only buy a certain type of single-family home rental in DFW, so a very specific gut renovation package, and only in certain areas that have been heavily researched and we also bring a renovation/prop mgmt competitive advantage.

Your gut is telling you that there is something wrong with what they are selling.

Do you go by interest rates, property appreciation, or maybe just a gut feeling when it’s time to cash out or reinvest?

lesson learned is always listen to your guts and dont apoy to much attention to the oether even if they are experts in the area.

This is a full gut rehab with 4 total units. 

Trust your gut then verify your thoughts.

Hey Lucas, I've been investing in Detroit since 2019 and currently hold 12-doors there.I've done it all... buying with tenants, Section 8, full gut rehabs (to the studs), cosmetic BRRRR's, and I even run an STR there.I live in California currently but lived in Troy from 2017-2022.