If you wait until end of summer, you can get them on clearance.You didn't say where the property is so linens can be up in the air a bit.

We don't know if we'll do a remodel or sell as is.  So

Since the city is so spread out, what you need you can most always find. 

THE QUESTION: How do you make money/look at deals in these types of markets where the price of 1-4 families is so high?

The loan is so large on a say a 30 million loan that they can still make a good chunk without getting 1% or more. 

There is so much dry powder on the sidelines though.

With that being said, Detroit can be a great place to invest, but only in the right places. 48205 is a big no, even a nice house there is <20k because the area is so bad.

Trying to figure out my finance strategy to refinance, but commercial is so different. 

I am not sure about investing in Denver right now.... market is so expensive. 

Another popular saying is 80-90% of real estate out there is sold by 10% of agents, meaning because the barrier to entry is so incredibly low and there are SO many agents, unfortunately many just end up struggling and don't "make it."