If you buy a median priced home in Detroit today ($90,000) and have to put $10,000 - $15,000 into a rehab, you may not cash flow.

I also have a LTR single family home with positive cash flow.  

This is a new underwriting guideline of the insurance companies because they haven’t been profitable and must raise the rates and lower the risk factors in order to comply with state regulations on adequate reserves and future solvency.  

I have been wondering about the same areas.

If you have additional thoughts, let us know!

Good day mates🫡,I was told that you have to be in your residence for a certain amount of time before you can get a heloc on it.

You have to look at the big picture.

I think it works if you have 1 zone per unit.

They have no clue what they bought...they're just thinking, wow I can buy a lot for X. 

Have you been able to list or sell any investment properties yet?