Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

If it was an amazing piece of property and/or if I offered seller financing with great terms and I marketed it well, it could sell in 1 - 3 months.I'm not sure if we're heading into another 2009, because that was a very extreme downturn, but over the past few years, most people I know have been offering a minimum of 40% of market value for land right, with many of them going even higher.

Your strategy sounds solid on paper, but moving extremely fast with lots of moving parts and a lot of debt. 

Often times you'll find these properties to be a little bit outdated, but are in great condition and extremely well kept.6.

When I represent buyers, it's extremely important to me that they're 100% satisfied with their purchase.

Figuring it out in escrow and knowing your outs to back out are extremely important. 

I have used the full service at $10/mo/unit and most currently their 24/7 emergency service for $1/mo.I was honestly a little skeptical at first, but the sales person did a really good job explaining their service, and I have been extremely impressed with the service they provide.

It would be extremely unwise to buy in st louis without personally visiting the property. 

My last value add had some issues but I still did alright because it was in an extreme cost market (~$2k PSF).  

Don is either extremely unorganized or just plain inept.