Kokomo also has a lot of potential with the announcement of multiple electric car battery facilities going in.

Don't just focus on the after-repair value (ARV) - that's pure speculation until the project is actually completed and sold.🛑 Unrealistic ROIBeware of deals promising excessively high returns without proper collateral or penalties.

For example, in NJ we are basically pure ad valorem system, w/o homestead. 

It's fine to get tenants to pay to replace furnace filters and batteries in smoke alarms, but I've never heard of having them replace aerators and shower heads.I know it is different in the US, but in Canada it is easy to deposit checks without having to go into the bank.

Although the lending conditions have changed, so finding pure BRRR deals is getting tougher.

My post that you're referencing is purely addressing the math side of the equation, but everybody needs to make their own decision because each situation is very personal.

It was just pure luck.

Are you looking to do a house hack or is purely an investment vehicle? 

The problem is, a lot of these folks are going into Detroit purely for the cash flow.

Plus garage, and fully renovatedMy question is should I be looking at this purely based on cost/sq ft, or should I give a percentage value to the property it sits on, then assign a percentage value to the structure itself to figure out the fair market value?