Then I put on average €8 - 10K on rehab (I have my own team).

They're ALL accessing the same data pools and will get close to the same results.A multi-faceted pipeline strategy will keep you and your team busy.

Hi Team,My ADU was permitted in 2017 and did not break ground until 2018. 

This deal taught me to always budget for contingencies and reinforced the value of a great team!

This deal taught me the importance of overestimating rehab costs and always having a solid team of professionals on How did you find this deal and how did you negotiate it?

That plus his willingness to communicate with anyone who asks him questions and his team are very  praiseworthy.

Best approach is to have your "team" set, before going out to secure properties. 

@Chris Piper  all do respect way to much info , to many spend so much time reading books watching videos, going to seminars, and building their " Power Team " .

This way, they’ll have a vested interest in maintaining high standards of management.To truly understand property dynamics and support the management team, I recommend spending time on-site.

If you plan to self-manage initially in MI but go full management in Detroit, you’ll want a very dialed-in team.