The risk of problems is extremely low, even in larger markets.

I would be extremely cautious of this company and anything started by this family.

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.PM us if you’d like to discuss this logical approach in greater detail!

In that area you're looking at average rents in the $1,200 - $1,300/mo range unless this house is extremely nice.

I once paid a $53,000 assignment fee; I can say, it was extremely upset when I got to the closing table, but even with that $53,000 assignment fee, I will still buying at at .40 on the dollar.

There are companies out there who purchase homes, renovate them, sell them to investors and manage for those investors as well on the back end so it can be an extremely passive way to invest.

I’ll sell to anyone with the down payment but most people don’t seem to have it.I guess I’m different in that regard I usually ask for 10% down.Every house I have sold in need of repairs they have fixed upI ask them how much they did it for or how they did it, their cost is 25%-50% my cost because they get the labor part for free from their community or themselvesThey are more community oriented than us white folk and really lend a hand to each otherI guess where this may be predatory is offering extremely low down payments which would also open up the buyer pool

Constructing new homes and selling them is extremely difficult and challenging.

I am extremely excited about starting this venture. 

Take an extreme example and say one person owned 50% of all bitcoin.