Since it is a family member and I would potentially buy the property for under market value.

If you can get in before a property hits the market, you can often negotiate a great win-win deal for everyone. 

There are very few markets that cashflow with 100% leverage.

In Cleveland you can find below market rental ready duplexes that require minor repairs (keep in mind that discounted properties come with their own challenges).

I had a second one but sold it in 2024 and invested it's earnings in the stock market and so far so good.Anyway.

You’ll want to make sure your property is styled and stocked to fit the target market catering to what Big Bear has to offer and what guests expect.

I would consider getting 1-2 deals on market before you purchase off-market.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I'm going to be taking some time to get to know people in my market as I kind of want to start local in Las Vegas.

Most land bank properties, Detroit or Wayne County, are trainwrecks and cost more to rehab than they are worth - unless the market keeps improving.Be careful on the next one, but keep improving Detroit!