This is perfect a healthy window to shoot for. 

Neighborhoods like Morningside, East English Village, and Bagley are great examples of areas where properties have appreciated, and there are still a lot of up-and-coming pockets where there’s growth potential.Detroit isn't perfect, of course, and it has its challenges, but I've found it to be a great market to build a rental portfolio that balances cash flow with appreciation.

Plus, she didn’t have to deal with business hours.. if something came up at midnight, she could take care of it.That said, there’s no perfect answer.

By the time that's done, you'll know enough to start investing in distant lands.Education is important, but you will never have all the answers, perfect formulas, or whatever it is you think you need. 30 years ago, people made money in real estate without any ROI calculations, hard money lenders, BP forums, podcasts, coaching courses, etc.

Don't wait for the perfect deal to come up, the most important thing is to get started.

This is the perfect example.We have been using the leses and other froms from WLB for over a decade and I have seen them getting updated over the years, so I somtimes throw out a package of forms and order new ones to be up to date, but they are so inexpensive, its a no brainer.WLB has a store downtown Milwaukee worth visiting: they have all sorts of landlord supplies you did not even know you needed from print all the way to parking signs and traffic cones.

I think Chris nailed it perfectly - you have to take your DD to another level and also be in a position, both financially and contractually, to take control of the situation if the borrower defaults.

Wipes out your reserves.That exact perfect storm happened on a brrrr deal of mine.

It looks perfect for me, but I'm concerned there may be something bad that I don't know about.

They're perfect for people who might have inconsistent income or don’t want to deal with the strict requirements of conventional loans.