Originally posted by Grand Wally:Inamiks: Where are you located?

Though you better know where the Gentrification is heading quickly, or you will be stuck with a Diamond in a Coal Mine for a long time, and that time may never come in your lifetime.Detroit = more risk and more "possible" rewards (plus the "Cool Factor" of the gentrification area, the Mono-rail, and the Tigers, Lions and Red Wings).Grand Rapids = more solid investable area and less risk.Those are my thoughts.Scott...

The asbestos abatement is 6500 for a grand total 18000.

You can furnish for a few grand if you get thrifty with FB marketplace and other resources.

I personally own properties in Grand Rapids and Kalamazoo.

A couple grand on a small one under $50k. 

If you end up where you need a little bit extra cash, just use some of the 30 odd grand you were going to use to pay off the mortgage instead.

Imagine you're going on a grand adventure, and you need someone who knows the map, the secret paths, and all the treasures hidden along the way.

All that being said your deal sucks and even with 30 grand off it still sucks so I’d keep looking . 1500 in rent on a 165k property is not going to work .

Here is a quick success story about one of our investors in Grand Rapids Michigan.