I don't have experience with the Detroit Land Bank, but generally land banks are pretty reliable, but...they are low money buys (from $1 to $1,000) that require you to show proof of funds for the rehab.

This will give you basic, reliable cash flow, without tearing your hair out.

Some of my Scottsdale connections who specialize in land deals have been whispering about how a few smaller outfits in Casper.. from what I’ve heard, outfits tucked behind older storefronts, have been matching buyers with off-market parcels that never even hit the usual channels.If you line up your financing carefully (no legal or tax advice here, just speaking from experience), you can sometimes lock in a deal that ages nicely over tthe years.

I recently became interested in checking out some of their new offerings, but as I was researching I saw a few things in the reviews for Kasa Parota in Tulum about a legal battle with some of the owners and locks being changed before hotel guests arrived.

You'll just have them sign the contract so they are locked in with you, and the homeowner doesn't turn around to try and sell the house to someone else while you are working with the bank.

While Redfin isn’t the most reliable source for estimating the values it indicates that I have about 400k in equity.

I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet. 

With consistent rental income and a strong potential for future appreciation, this property offers a reliable addition to any portfolio.

When I first started working with new wholesalers years ago in the Phoenix area, I remember meeting a buddy who’d just locked up a deal on a fourplex near Grand Avenue.

The interest rate would be locked in at 6.875% with first year at 4.875% and so forth.