Seems in the sweet spot financially and that does not sound like a lot of rehab.

Cash flow like this doesn't exist anywhere in Texas unless you get those sweet, sweet off market deals from brokers.

For primary investments, you just need to live in the unit for 1 year to qualify for that sweet lower mortgage rate.

I think conversion is a real sweet spot right now.

Those are the sweet spot for rentals right now.

Make a lot of money fast and then buy a sweet car?

.$100k a year and also built a lot of equity which opens up a lot of doors as well.Here is the primary target...Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

The assets are sized in that sweet spot of $5-$10M, where it's too small to afford a compliance department, but big enough to meaningfully impact the lives of the operators, investors, and tenants who are all interrelated. 

Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

As far as refinancing my duplex, I have a sweet low interest rate that I'm trying to keep.