The area shows high rental estimate on the bigger pockets rental estimate tool.

Issue now is more that deals dont cashflow with high leverage but if living in it or banking on appreciation can be a winning strategy forsure! 

Acquisitions team, renovation crews (fully licensed and insured), Property Management, and a Real Estate Investment Brokerage in case you ever decide to sell.By teaming up with a solid firm you can mitigate your risk and have some "boots on the ground" that have your best interest in mind.  

I did make a trip to Detroit and drove around neighborhoods to realize 'every block is different'.Its still sounds lucrative wrt ROI, but with concerns of- Property taxes : probably most complicated of all states- Home insurance is too high- Property management is too variable, anywhere from 6-12%.

There has been a lot of press around assumable mortgages recently given how high rates are. 

I’m hearing that’s pretty high so I’m looking to see if any of you experienced investors have any advice. 

The land, zoning, waste disposal system, in ground oil tank, elevations, liabilities, encumbrances, lot size, setbacks, and other issues that may have impact on an investment decision and any value add opportunities or lack of. 

If these are retail buyers looking for a second home, the HOA often has less impact on the sales prices.

Compare that to Providence, with 5500 hotel rooms, 1700 of which are within walking distance of their arena.This has a direct impact on the City not being eligible to host NCAA and major conference sporting events.The data in this article is mind-boggling.

Hello all,I am looking for recommendations for a lender who will fund the acquisition of land and the cost to construct a duplex.