If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/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.

Starting with three T-12s from properties of a similar size and market is a fantastic strategy, and I’ll definitely take your suggestion of setting aside time to really dig into the details.Thank you for the encouragement and practical tips—it’s advice I’ll take to heart as I move forward.

Belize is super picky on financial transactions due to US drug traffic monetary controls.     3.   

Ask them if you deposit say $250k with them as MM or CD with them having control over it.  

Quote from @Otis Clayton: Quote from @Trevor Finn: Hey @Otis Clayton,Partnering can be a fantastic way to scale, but setting clear expectations upfront is key.

If you add unit to your home, your home likely became rent controlled.  

Over the years, we’ve built relationships, closed countless deals, grown businesses with fellow BP members, and helped others get started—all from meeting people here on the forums.The Lehigh Valley is a fantastic market to kick off your journey.

You never want to build a business that is completely reliant upon another platform that you have no control over.

Cannot control association fees3.

Hi @Julie Muse,What a fantastic example of recognizing and executing a market-ready opportunity!