flipping is more than how a house looks.contractors give estimates based on what you want done, then a contract is agreed upon with benchmarks based on scope of work with incremental payments.Of course permits and inspections should be included throughout the process.its never a bad idea to have your lawyer look over a contract.https://www.attorneygeneral.gov/resources/home-improvement-c... 

Being in DC is to expensive but I hear Grand Rapids is developing, May fly there check it out. 

Erie has grown rapidly in the last 2 years.

Then relook at your goals for year one and dissect them backwards into one month and one week increments until you have a game plan and know how to get started to make your year one a reality.

When my company asked me to move to Milwaukee in 2008 I was not very excited and expected a stgnant rust belt midwest town, but a lot has changed, especially in the last 5 years: downtown is rapidly evolving and the city is seeing an amount of commercial construction, which I believe (I have not researched the data yet) it has not seen since the 50s and 60s.

The West Valley, including Surprise, is seeing some rapid growth.

While some investors are interested in rapid flips, I believe in the long-term power of ownership.

I've had good luck with a company called Foremost based out of Grand Rapids, MI. 2) Definitely get an STR specific coverage.

Yes its a sellers market, yes values are appreciating rapidly, but this is not 2006 when sub prime loans were artificially propping up values.

Investment Info:Single-family residence buy & hold investment in Grand Rapids.