So the MLS in Dallas and surrounding area has very few to no real deals (following the 70-80% ARV rule) for finding homes.

It is really nice to be surrounded by so many people with passion for real estate.

Going to their subgroups and surrounding yourself with people who do is a big force, since friends and family often say that you can't do this, because.......

Constantly surrounding yourself with like-minded people is one of the best ways to insure that you're heading in the direction you want.

I will echo what they said - you can feasibly make money investing in Detroit, and you can certainly make money in many of the surrounding areas.

**Wait for the calls.they will come.they will come.they will come(fingers crossed)** Here's the basics of how I want to invest in my town and surrounding counties- Purchase properties on rent to own contracts(land contracts)with no money down only monthly payments to current mortgage holder, Make all the tax payments as well and insurance of course.

The value for this home is currently at 110,000 and most of the homes surrounding it have sold for an average price of 102,000 within in the past year or two.So here goes, the home had some mold issues.

Sometime I get surrounded by crazy and I doubt my common sense, so it is nice to hear I am being rational.Al - my lease is always in a state of revision and it is goofy situations like this that seem to prompt further clarification.

I did a lot of reading and research shortly after I was married and ended up partnering with a friend 2 years ago to buy my first rental.I'm excited to try to continue expanding my portfolio and surrounding myself with people with experience in the business.I found bigger pockets while doing some research for my next rental purchase.

(All #'s below are calculated at $500/mo)Gross Income : $44,928Total Expenses : $17,153NOI : $27,793Cap Rate : 9.3%The surrounding area is primarily SF with a couple of Duplexes thrown in for fun.