Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.

In that they will detail the scales they use, including at which level of renovation it's possible to get things "reset" so it is appraised as if it is a new built property.

I like the detailed descriptions others have given, but I also keep it simple:A: I’d live there with my familyB: I’d live there if I had to with my family C: I’d live there if I was single D: Nope

Show up prepared, ask thoughtful questions, and take detailed notes.

While you’ll get your initial investment back, the first 5 years will be challenging due to the ongoing costs.Let me know if you have any further questions or want to explore these numbers in more detail—I’d be happy to help!

Give me a call today, I would be happy to go over the details / price out your scenarios.

.: Someone asked for more detail on Creative Finance.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

For details: One example property is a SFH, south west of Little Rock (close to 430 and 30 intersection), price is 230.

Thank you for the detailed response.