Would need some cosmetic (paint, refinish floors, minor repairs/upgrades completed by me).

Hi Xiang - Having a reliable lender by your side from start to finish is essential for a smooth process, minimizing surprises—whether it’s ARV or something else down the road.

I plan to start a deep dive into off-market deals in the next couple of months, aiming to occupy the property by July of next year.

Originally posted by @Elizabeth M Gunther:Hi all,  Just wondering if anyone has had a good experience with a property managment company in Detroit?

We did get negotiate money from them to help with roof repair, but now know they were not honest on their disclosure.Our inspector missed  code violations, HVAC issues, pipes that had been worked on and issues hidden that had occurred while sellers lived in the house, signs of drainage and water damage inside the house that had been painted over, completely blocked dryer vent...and we are finding more daily.We have had the house looked at by a structural engineer and HVAC techs  that has told us we need thousands (likely tens of thousands) of dollars worth of repairs to make this property able to rent and come up to code for rental.

And no, doing this by yourself on a weekend or two is not gonna happen.

I thought I’d reach out here to course correct myself by following what successful BP investors are doing.

I've been approached by a couple of sober living facilities and would perhaps prefer an independent living provider if possible (with 4 units in Cape Coral it's categorized as commercial so all ADA requirements, fire safety, etc. have been provided).

Absolutely I understand, depends who you are dealing with when getting a loanWe usually operate in middlesex and Essex county, we have been looking at properties in south jersey as well by oaklyn and collingswood area.

The plan is to have a property manager identified by end of November, then have them in place January.I have posted them on military group pages associated with the Navy in this area, especially seeing that the Naval base in ten minutes from the property.