That will not get you to 100k as at best you could go DSCR and get 80% (if numbers even work).Regarding property not complete, if you have paid cash to date, your best bet would be to get a hard money loan for $100k to complete the renovations and pay off some debt and then refinance once its completed.

I bet if it were your grandmother or relative in that situation you would think differently.

I bet they wait until January or February so they don’t have to pay the tax on those gains for another year (which is why we may be seeing less selling this month than in a normal cycle).

If not, hard money is probably your best bet

However, it's a safe bet that these respective areas will continue to appreciate steadily for the reasons noted.

***************************************************************Ah, so much for betting on Future Appreciation. 

As a new investor, your best bet is to start small with an app like DealMachine or Propstream so you have direct control of your options.

Your making a bet on them, that they can operate there business well and thus, will be good tenants. 

Big players like Ford, GM, and even tech companies are betting on Detroit.

If it's more complicated eviction.com may be your best bet to use they are pretty cost effective.