There are more $200K+ sales now than in the pre-crash good days.Obviously these and the bread-and-butter rental stock are two totally different segments of the Detroit housing market.

Hi Kesng,As wholesalers, we market to a small segment of home sellers who because of their particular situation are motivated, (some times desperate) to sell a property at a substantial discount.

Dear All,My name is Karthik, I am a full-time medical device engineer working for one of the big players in that segment.

FSBO is generally NOT recommended as you cut out a huge segment of the market and FSBOs (in general) tend to get a lower selling price than an agent assisted sale.  

Mini-splits are good for smaller open spaces, but would not be good in a segmented floor plan, unless you plan to install multiple units.

Contractors seem to like to choose which jobs they tackle on their time line and according to how they feel.By you segmenting the job you control which items get done first and you can monitor the craftsmanship and attention to detail of the work completed.You learn which contractors to use where in the future. 

Every time I listen to a new segment I get the feeling that real estate investing is what I should be doing and not my 8-5 corporate job.

I'd have to ask....have you segmented your market area so that those "few hundred" are being directed to the best prospects.

The percentage of smokers is small and falling each year, so you would be catering to an increasingly smaller segment of the population that tends to be poorer.

Figure out your rental rate and your tenant profile, provide the best rental to that segment.