I think Bagley is a safe bet for flipping as end values are moving.How are you enjoying the Detroit market.

Ideally, I’d like to buy a SFH or small multi unit with a VA loan where we can buy at a discount or force appreciation with some renovations while living there to gain equity quickly, then rent it out or sell when we move.Any advice on some areas with a reasonable commute to the Naval Station, good schools and low crime?

I figured it was time to post a quick introduction. 

It's not a big deal for them to generate some comps real quick.

@Christopher PhillipsOur plan is to start with flips to build capital quickly, then focus on rentals to build passive income, and once we have a stable base of income from rentals, build other tiers of income.

Quick execution, fewer hoops to jump through compared to banks. 

We have loan contract and it was supposed to be a quick loan, however the person failed to continue to pay after they made second payment. 

Insurance is great, but just wait until you have to deal with them, they are quick to take your money and slow to pay out in a large disaster area.

@Kevin Drouillard Without seeing what your rental listing looks like I would say no/bad photos is a good reason that a place might not get rented quickly.

@Sarkis Gezalyan, The 2% rule is a quick way to get an assessment of the potential profit from a property.