Hello BP community,My family is evaluating a cash-flow market to get into - and we are close to finalizing on Detroit for various reasons (entry point, >1% RTP, strategic investments in parts of the city, ...)Based on conversations in my local REI meetups, this will be our first time experimenting with BRRRR's in Detroit with the intent to hold onto the properties long-term.

It's probably a slower road than coaching, but it is a start....and hopefully at the end of the 5-7-10 year hold, you have some cash flow to show, hopefully 2x-3x your initial investment, some depreciation along the way. 

I've secured financing for many STR deals and I know agents who specify in finding good STR opportunity, I also help my clients mine solid fix and flip/hold opportunities. 

There are several wings to it like LTR, STR, MTR for buy and hold, fix&flip, wholesaling, subto, creative financing and so on. 

Instead of paying extra holding costs you pay him a bonus if work is done ahead of time. 

Hands off, more time for family, and, if you hold it with the intention to pass the property to your heirs, you never have to pay any of the tax benefits back.

What do you think has experienced the better cash flow over the hold (even as a.

He followed a simple formula: save money, buy in an area you know, like, and trust, then rinse and repeat while learning along the way.

I know it’s a little outside of the two areas you gave, but I’m in Syracuse NY and there is lots of opportunity for any type of investing if you happen to be looking out this way…BRRRR, buy and hold, fix and flip you name it.

6) Hold security deposit complaint with your state laws?