I've also built and seen others build a lot of equity in that time.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $150-$300/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.

With rates lowering and expected to continue and homes sitting on the market (at least in mine), we're in a bit of a sweet spot.

This is pretty sweet indeed.

Truthfully it was a huge waste of time to go on a showing p, whisper sweet love words in each other’s ears just to find out the applicant doesn’t make enough or has some issues financiallynor personally which would disqualify then applicant.

If you had a down payment and talk to enough people there’s somebody that would think how sweet of a darling you are and give you a shot.

See portfolio pic.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $200-$300/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.

The layout on posts is sweet too.

Low maintenance,good tenant profile but very little appreciation for the next little while.South-central is my sweet spot.

I'm trying to hit that middle sweet spot and am wondering if anyone has successfully done the same! 

You need a report saying contractor or seller dumped plaster down the pipes in final clean up and caused the failure or letters from your contractor/plumber saying "this was clearly known by any human who looked in the crawl space," but you are a sweet not know-legible guy who never studied plumbing....