You could dump 50 grand in it and only see a 25 grand increase in value .  

Grand Rapids and Lansing both offer cash flow.

Lagoon Oaks Circle is in a subdivision north of the grand lagoon and is primarily long term residents.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $141,000

Cash invested: $23,000

Sale price: $255,000

Fixed Rented Then Sold in same year to owner occupied and ...

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $141,000

Cash invested: $23,000

Sale price: $255,000

Fixed Rented Then Sold in same year to owner occupied and ...

It looks like you are in the Grand Rapids area, the RPOA has a conference Feb 22-23rd at Devos Place.

I mean you can pass down the homes to your children and grand children.

Deed in lieu does require a somewhat cooperative borrower.Depending on the as-is value of the properly, @Olga Levin might get a few grand out of the first lienholder. 

Investment Info:Condo buy & hold investment in Grand Prairie.

We’re sitting at 6.78% interest comparatively.Since moving in, we’ve had to totally repair the custom chimney (a couple of grand), get a new roof (had to get a 26k loan at 10%….. kill me now) and have discovered the crawl space ventilation needs to be addressed, our old cast iron pipes are blocking the plumbing up, and we need to change the pipes from Poly b in some places.