In a place like SE Michigan, we are lucky in that prices are low enough that you can find deals in solid neighborhoods that easily return well.

@Carlos KishekI am located in SE MI and belong to a strong REIA group.

I can't come close to building a house for $80/sqft (in 2015 maybe), and that's in a country bedroom town in SE Texas, with no garages, no carport and minimal porches.yup we neither but I am not doing Texas starter houses IE slab on grade and basically minimum building code and materials.  

Hi Grant:as someone also new to commercial real estate, I can't specifically give you any tips on it per se, but from a general investing standpoint, I would say you have to ask yourself why are you buying the building. if its to fix and flip or buy and hold. these are two different goals.IF its strictly for investment purposes and you are buying to hold: I would consider two things.work on paper some calculations to see if 1. does it cash flow ?

Higher returns are in the transitional neighborhoods such as Westside, SW, and SE but carry way more risk.  

Just feel free to throw out any possible deals for a candid no holds barred appraisal by the guys on here as REI is so regional & specific to the laws of each particular area per se. take care & good luck 

Not deductible, per se, but it would lower the taxable income.

Had a 3/2 home at 4834 SE Brown, Lawton OK.  

It has been planned out for years.http://geo.azmag.gov/maps/land...In broad strokes, the Valley is expanding to the NW and SE.I'm working with investors who are buying single-family homes in the NW Valley, SE Valley and the West Valley.

Because I would rather earn less and be more hands off I don’t think it’s about section 8 per ‘se I have a section 8 tenant & she’s been great, it’s about the areas you buy in, if you buy an 100k rowhome in Baltimore it’s gonna be rough regardless of if the tenant is market rate or section 8.