We purchased the home on 5/18/2022 for $165,000, invested $35,000 in renovations, and sold it for $245,000 on 8/19/2022.

Hi all,Wanted to get your inputs.Background about me..My primary home is in San Jose, Ca which has appreciated a lot.

enforcement actions : https://mld.nv.gov/Enforcement/Home/

Im in the Metro Detroit market but while shopping Toledo I was amazed by the size and style of homes available for much less than a similar community in the Metro Detroit suburbs and it's just 45-60 minutes away.

And you have no risk of evictions and, depending on your management company, you get most of your damages covered even.So I'm wondering if maybe investors just need to see the actual proformas and what these numbers look like with some basic assumptions (i.e. annual rent increases, annual appreciation) to really hit home how good these numbers truly are.   

I personally work in the Columbus, Oh market because my research lead to this market.Build a Local Team:Find reliable local professionals such as real estate agents, property managers, contractors, and attorneys who are familiar with the market.Network with local investors and attend real estate meetups to get referrals and build connections.Set Investment Criteria:Define your investment goals, such as cash flow, appreciation, or a balance of both.Determine your budget, financing options, and the type of properties you want to invest in (single-family homes, multi-family units, commercial properties, etc.).Financial Preparation:Secure financing or funding for your investment.

I have currently 9 completed waterfront homes furnished and ready for Airbnb on Ft myers beach estero Island. 

Most 3 need homes in Detroit cap at rent around $900.

In today’s high interest rate, high priced homes market, just trying to find descent cash flow is seriously challenging.  

But intention was to hang it and use it when I buy my next home and potentially sell my current one.