@Ming Huang Based on the numbers you've shared, I would advise against the deal, unless you can negotiate the purchase price down and/or rent it for at least $1,150.

Can you share some info about the property?

Happy to share insights if you’re open to exploring a market like Detroit.

As always, I think I know the answer, but thought I'd share specifics of my situation.  

This kind of community is designed to attract certain individuals that share the same values for the outdoors, smaller living, and a healthy community. 

James, Thanks for sharing the 55 year old 401K exemption. 

At some point I'd like to begin a long career in REI and would like to have met some people already that can share in that endeavor.Looking forward to meeting everyone!

I thought it would be fun to start a thread where we can share our craziest fix-and-flip stories, biggest "oops" moments, and the golden nuggets of wisdom we've picked up along the way.

Premiums in Iowa, Minnesota, Montana, Utah, and Washington jumped by more than 20 percent.The insurance situation is especially serious in California and Florida.In 2023, around 7 percent of realtors saw deals fall through due to insurance issues, with the share jumping to 13 percent last year as of October, according the California Association of Realtors.

I'm happy to connect and share my experience!