Although solar is a fun idea and a cool concept, it has yet to really be 'figured out'.

If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

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You'll have your standard recording fees and mortgage tax, etc. 

Hi Nick, the 25% down payment is typically standard for investment properties.

Aside from the standard BR/BA count and square footage, I always focus heavily on the listing pictures for any comps I pull in my area - finding a comp that's as close to your property's condition and finishes will give you the best apples-to-apples comparison possible.I also wanted to second @Tim Swierczek's input: nobody in Minnesota likes moving in the middle of winter.  

@Jason Tucker - your concept is very similar to one we just completed the financing for. 

So yeah that's not happening, what I am going to do instead is draw up the concept myself in autocad since I know how to do that and then basically will he looking for a young hungry architect that can produce construction drawings off of my concept plans.This will be a grind, I may not finish the concept drawing for another 1-2 months but hey at this point its going to literally save me 10s of thousands and I love this piece anyway.

I haven't reviewed the Standard Lease Agreement yet, but all I need is the right to sublet, and possibly some negotiated capital responsibilities (owner pays for repairs over a certain amount or split responsibilities on certain expenses).