We have a Nest thermostat to monitor the temperature, a Ring floodlight that covers the entrance door and a digital lock that I can change to code for the door.

Here are some of the types of properties that we find work the best...Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

The health concerns, double digit unemployment, and other people concerned with their employment does not create an environment for a high volume of discretionary housing changes.

@Lana Chenis focused on exactly the right metric.Given the risk and hassle of owning rentals, I would not be happy with anything less than double digit returns.

The storry starts teaching you about a three digit percentage of retourn a monney.

The city is exploding and the days on market are in the single digits!

With that, you are going to want double digit returns on your capital if you want to scale to be financially independent.

Most HELOC lenders use an AVM -an automated digital tool that you have no control to dispute.

All you need to do is connect with those that provide rentals to cash buyers, some will work with loan buyers, Double digit net caps are to be hadAll the best 

@Darrell DegraziaWe love Metro Detroit (my rental portfolio is here)The trick is to know what to buy and not be tempted by the ones you shouldn’t lol.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.