Hi guys - would love any feedback on the below numbers I am crunching on a potential BRRRR deal.The plan is to hold on to the property, rehab it, rent it, and then do a cash-out refinance.

If you have experience, advice or insights, we would love to connect.

I just want to comment that I love this approach.

There is of course taking into account the area and if it is getting some life pumped back into it, sure you might have a builder or buyer wanting to put a house on it.I would love to hear from anyone with experience on holding on to an empty lot and just taking the hit on the taxes until you can sell for a large price. 

I love these RE vs. stocks discussions. 

You really need to find an accountant that loves tax strategy. 

I also looked at platforms like Mashvisor for finding and analyzing potential properties but would love to hear if anyone has experience with these or other tools.I would greatly appreciate any insights, experiences, or advice you can share, especially:Recommendations on specific cities or neighborhoods that meet these criteriaTips on managing properties remotelyThoughts on using platforms like Mashvisor for property analysisIf this idea would make sense to doThank you in advance for your help!

Love it.

Would love it! 

I would love to see your list of Detroit Neighborhoods!