but, we only know what you posted.hope this helps Hello Nicholas, question on your explanation of a possible seller finance plan for Nate.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

Since we will be investing remotely, we plan to work with a property management company to oversee day-to-day operations.Does this sound like a solid strategy for a first investment property?

@Jason Mitchell two of the better Neighborhoods of Detroit's 183 that we've ranked.Are you planning to rent or flip these?

Run the comps, calculate repair costs, and plan multiple exit strategies so you maximize every deal—whether that’s wholesaling, flipping, or holding for cash flow.

Just going to piggy back on what others are saying here with a simple question you should ask when considering buying any existing property, assuming you aren't buying with the plan to demolish and build something new:- When my current tenant leaves, what kind of tenant will replace them?

If I were new and to join something like this  it would be a part of my plan, not all of my plan.This is impressive as I know your not easily impressed..    

If you plan to hold do a Cost segregation if you want cash now.  

I have from time to time spoken with the city administrator, economic developer, & a person at building planning commission.