I drove by it right away after it was listed and made them an offer for 100k cash sight unseen.

I put a tenant in for $650 per month, and after 12 months sold the property for $52,500 cash.5.

Your local S8 Housing Commission should have an info sheet on their website that shows their deductions if landlord chooses not to include electric, gas & water.Even more critical, your $680 mortgage amount, that you appear to be comparing to the S8 rent, should include ALL the other housing ownership costs: property taxes, insurance, vacancy/tenant nonperformance (S8 tenant may have to pay part of rent), maintenance & miscellaneous.Suggest you use the BP Calculator for this.

Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.

I tell everyone that the market is less important than the team you pick to run your operation.Buffalo is a great market if you are looking for a lower barrier to entry and higher cash on cash returns.I would advise you don't fall into the trap of chasing the cash on cash returns.  

Purchase price: $116,000 Cash invested: $19,500 Sale price: $198,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Heather, successfully completed a fix-and-flip on S Vernon Rd, Durand, MI 48429.

Purchase price: $252,000 Cash invested: $60,000 Sale price: $430,000 House hacked a fourplex with my partner Bruno.

Purchase price: $195,000 Cash invested: $30,000 Sale price: $297,400 Contributors: Peter Vekselman Partner Driven, in collaboration with Don and Peter, successfully completed a fix-and-flip on Rue Montaigne, Stone Mountain, GA 30083.

Did you buy these cash or with other debt?

When someone offers all cash up front, I dig deeper to see what they are trying to hide.