Purchase price: $5,500 Sale price: $12,500 Double closed 1.02 acres of residential land in Orangeburg County, SC.

My goal is to have my first property closed by end of 2024.

Obviously validate that claim prior to closing, but let's not put the cart before the horse. 

A lot of the new construction you are seeing is from the buyer spree in 2021 & 2022 where people were having to pay 160-170k+ for standard row homes in Point Breeze and Grays offered a much cheaper alternative close by.

I'm also hopefully still closing on a new acquisition here soon (delayed due to probate).The areas you're mentioning in Detroit are great, but it's unlikely you'll see positive cash flow purchasing something turnkey in those specifics spots.

and I'm going through the closing process.I'm looking for your recommendation around landlord insurance.- Which insurance company do you recommend?

You can also look into some of the strategies that Account Closed highlighted. 

Hi everyone, I'm closing on my first rental property purchase at the end of the month.

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Get the Clear to Close.