Tasted sweet.  

The sweet spot is to go 5-10% down on a conventional loan to be able to get PMI removed once you hit 20%.

I have contacted a few and it seems like the park fee is going to be at least 300 so I dont think you'd be making huge profits, but even 150/mo profit each times four would be pretty sweet.  

I am going to go ahead and purchase this property but take my sweet time renovating it and in the mean time focusing on the things I have let slide.Rick H.

Happy to send a screen shot of the portfolio to anyone who wants to see, it just won’t allow me to attach pics to a reply.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

Happy to send a screen shot of the portfolio to anyone who wants to see, it just won’t allow me to attach pics to a reply.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

.- sweet!  

The sweet spot for this house will be between $585,000 and $599,000.  

@Jared Lichtin Congratulations on that acquisiton, Sounds like a sweet deal!

Sweet, shooting you a message now @Daniel Banic