@Adonis Williams Presumably Vincent has targeted a distressed opportunity.

Detroit is very block-by-block, so knowing the dynamics in the area you’re targeting is key.2.

You have 10 new construction projects complete, but no money for the next three, which indicates you aren't financially responsible or your projects aren't producing enough of a profit to propel you forward.

South Utah County and the Eagle Mountain area are where I would be buying and specifically new construction and small cheap single-family homes.

@Ken M. rents are softening in the places that have had a lot of new units come on line.  

MAREI meets next week - we have a new meeting place starting on the 12th at the Double Tree. 

Hello everyone,My name is Sebastien, and I’m an experienced real estate investor focused on multifamily properties in Canada and looking to expand in the states. Currently, I’m actively expanding my portfolio in Austi...

Here are a few high level thoughts for you as a beginner:-Don't lend in second position-Don't do deals with new investors-Don't experiment with new strategies, even with experiences investors- ie, don't jump in to a first development project with someone just because they've flipped 20 houses. 

Also doing all new plumbing and electric service/panel upgrade to 200amps.

For a new investor, events like this are a goldmine.