I've built my entire rental portfolio off of going direct to seller and starting the cycle of 1. sourcing my own deals 2. assigning 3. using assignment fees to build capital to buy more real estate and more marketing. 

@Jose Saladin Purchasing your sister’s home as a live-in rental offers instant equity (~$170K), tax benefits, and landlord experience, making it a solid first step into real estate investing.

I am just out side of Elkhorn, WI and selling our property the is 5 blocks from the lake. If sold for the amount I want I will have 30k to 40k at the end. Love to keep relator out of it, but may need realtor to find a...

PM companies charge a lot and if you don't have multiple rentals why pay them? 

I point them to the local watersports rental company that drops boats and ski's right at the local marina.

I like where I live and it has the potential to be a good rental for me down the line, so I've decided to go through with making the purchase. 

I have a degree in civil engineering and 15 years construction, site development, and short term rental experience and am looking to shift my focus/career towards real estate development, mainly raw land although if there were a house on the property could include fix and flip.I plan to purchase 50+ acres of raw land with 1000+ feet of road frontage, have it surveyed and split into separate 5+ acre parcels for re-listing.

This affordability gives investors the chance to acquire valuable assets while taking advantage of the potential for appreciation as Detroit continues its revitalization.Another benefit of investing in Detroit real estate is the city's growing rental market.

The upstairs rental expectation is $2500, downstairs $1600 = ~$4100.

Even if the cost of the rehab doesn't increase the value of the property much it might be worth while BECAUSE you are doing the rehab to maximize RENTAL income NOT ARV because its a rental and you aren't doing a BRRRR. 3.