Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I was born and raised in my targeted investing area.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

We target low purchase prices here: $120,000 to $130,000 can get you a three-bedroom, two-bathroom home that can command rents of roughly $1,100.

., guest services, pricing strategy, advertising).

.), could help you cash-flow while you build equity - best of both worlds.Lastly, targeting properties that have been on the market 30+ days could be a good start.

@Adonis Williams Presumably Vincent has targeted a distressed opportunity.

Sometimes, landlords can find student renters for locations that are further away from the school by targeting niche's like graduate students (who are less inclined to be near the bars and noise).

I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.

We've never advertised.