You haven't even asked about your BIGGEST challenge - finding "trustworthy" contractors.- Most contractors will cut corners, or worse, once they figure out they won't be watched closely:( Your job will also go to the bottom of their priority list.Monitoring progress is relatively easy: hire that same inspector to go by weekly or before any payments to take a VIDEO of:1) What was done2) Quality of workmanshipOne other thing you didn't ask about, payments to contractors.- They all want 50% down or as much as they can squeeze out of you. 

or “What has been the biggest challenge for you as a new investor?”)

Challenges?

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

Sharing your experience can help others facing similar challenges.

However, I cannot find any court cases where this is currently being challenged.

What’s your biggest challenge so far in analyzing those deals?

I think BRRRR would be quite challenging as a first deal in an out of state market, but that is just my opinion.

Challenges?

@Blake McWilliams This is a most challenging problem with both residential and commercial investors.