Once you do that get several bids...bids will vary considerably.  

I personally would not invest in detroit as historically its not a appreciating market and for cash flow and I invest primarily for appreciation - I go off the location location location mantra. 

I’m open to either a townhouse or a single-family home, but I’m definitely trying to steer clear of any crazy HOAs that eat into cash flow (you know what I’m talking about!).

But here's the thing: communication within the GP team can make or break a deal.When information doesn’t flow smoothly between team members, it can lead to confusion—and even worse, miscommunication with external parties.

Thanks, it all sounds good as long as I can avoid paying hefty taxes and generate cash flow.

If you have a flat roof with drains, or a pitched roof with gutters I would ensure either way that the flow of water is un-obstructed most commonly by leaves or pine needles from trees.

So depending on if you are using it personally and want to have it pay for itself or you just want cash flow will help determine where you should look and what type/size home you want to consider.Please reach out anytime and let me know if I can be of help.

One thing you don't want to do is to buy based on proforma and have a negative cash flow property, especially on your first deal.

Their interest, like a real estate agent, is simply to churn incoming flows of money at a high rate in order to get their Commission and their cut.

So the goal of DSCR is now to figure out the best real estate cash flowing strategy to pair with DSCR loans as you scale your portfolio. anyone looking for help going DSCR, feel free to reach out as I build my portfolio with these and help investors scale theirs as a lender.