The equity gap can definitely be a challenge but there are still deals out there - typically with homes that were purchased in early 2022. 

Typically, 8- 12% net for OOS investors based on cash purchases.Good luck 

That is very typical of the "advice" I see given by the students in his group.

Rent we collect is typically 30-50% higher than market average.

@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

You'll be hard pressed to find a coach that teaches Lacrosse, rugby, cricket, and shot put.Also, a coach is typically used to accelerate growth, not get you started.

It is slowly rotting and needs significant repairs to get it prepared to sell to a typical home buyer for a primary residence.

This seasonal slowdown is typically predictable and manageable.But at the end of 2024, we saw that increase jump to over 10 days, pushing average DOM from 25-30 to over 40.

.- Maximum build size: typically 800 square feet or 50% of the size of the primary residence, whichever is smaller.

Is there typically an ROI?