Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

The guru your son is learning this technique from is likely not telling your son that the deal will almost certainly encourage your son to get an "off-market" deal from a "wholesaler" who is unlikely to properly disclose the details of the property or encourage an inspection. 

You'd need a detailed rehab estimate to confirm if the numbers work for a $360K property with an all-in cost of $420K.

Send me a message with your email or Instagram details!

Keep in mind my comments were given with only knowing the details you provided in a post so I don't want to come across as a know it all. 

The IRS instructions for forms 1099 are remarkably confusing.

I host a virtual investor meeting every wednesday at 7pm EST, DM me and i can send the details your way.

@Andrew HolmesThank you for such detailed answer there.

Jason, I appreciate the detailed note!

Zoom link details on their website.