It would enable me to access the equity in my home whenever needed, allowing me to take out a smaller amount, such as enough for a down payment on another home. 

The neighborhoods are not upscale but they are desirable so good tenants are typically found quickly. 

Detroit offers solid cash flow potential, a relatively low barrier to entry, and the market fundamentals are improving with a growing population and significant investments in the city.Since you’re based in upstate NY, Detroit is also a quick and easy flight, making it easier to visit and get a feel for the market if you’re considering out-of-state investing.

And the changes, such as regulation, city development, traffic flow, building views etc happen very quickly. 

JUST HERE TO GIVE A QUICK RECAP OF MY 2024 SO I CAN SOMEDAY LOOK BACK AND LAUGH HOW THIS YEAR WAS A NIGHTMARE AND PRODUCTIVE ALL IN ONE LOL FUNNY ENOUGH THE YEAR STARTED ON A GREAT NOTE I WAS ABLE TO GET INTO MY FIRST FIX & FLIP  DEAL  WITH MY WIFE!!

This tenant was billed accordingly.My rentals have Sherwin Williams SuperPaint in Accessible Beige / satin for the walls. 

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

Here is a quick market update on Valdosta, GA and what we are hearing from others with boots on the ground.

But again, dedicated crews drive reno costs down.If you can connect with a flipper in your area (quick out your local REIG) and ask to come along when they scope out a job, you will get more from one or two trips than from a dozen books. 

First, I have true daily and direct access to the 4 owners of Licensing Experts because apparently they don't and won't deal with a bunch of people.