I've worked with her before and she's extremely knowledgeable.

We also live in a tiny town in MI and housing prices are very low (average house sells for less than 100k).

Hi Everyone,My business partner and I have had the privilege of being a part of various real estate groups in our area that have been extremely vital to our growth in real estate.

This is a tiny portfolio loan in a relatively tertiary market with an out of state (by a long shot) investor. 

This is getting extremely difficult at this point in the market.

The seller is extremely motivated.

Again, he confirmed that the topic is raised every few years but  the actual process is extremely cost prohibitive and he does not expect any changes in the near or mid term future)Insurance: $2800/year (Per a discussion with my insurance agent this seemed in-line, if not slightly on the higher end. 

Any new challenges or things going extremely well for you?

They are extremely knowledgeable and part of a national association of property managers that sets them apart from the competition.

With regards to our flipping model, we usually stick to our model of purchasing project houses under $180k but the market had been extremely competitive and supply was limited; it also seemed like a great deal on paper so we ended up closing on it for $212,750 (all in).