The biggest problem right now is debt so I'd work on getting your construction financing in place and making sure your underwriting still works before raising any equity to fund your deal.  

Biggest lesson is that I need to buy another home next year: no staying put for too long.

(links also available @ our website)Your biggest question shouldn't be WHERE to invest, but HOW you will invest!

How much would it rent as is (with cosmetic things-paint, perhaps new hardware, fix what needs to be fixed) and how much would it rent for with the renos...and what would those renos cost.The biggest thing in deciding to do major renos is are you going to get your money back and what does it add to the property. 

(links also available @ our website)Your biggest question shouldn't be WHERE to invest, but HOW you will invest!

The biggest problem I had when I started... all of my friends knew NOTHING about investing.

That is really the biggest motivation for people if they do not have anywhere else to go.

#16My biggest struggle in learning how to underwrite was getting an idea of real-world benchmarks.Plugging in numbers into a spreadsheet is easy enough - there are plenty of video tutorials on Youtube to get you through the technical piece but…How do I estimate my budget for repairs and maintenance when I have no baseline?

Hi Andrea, I think the biggest questions here are around your experience with rehab, liquidity situation, and time constraint.

YES, we may be a little biased, but check out our blog here on BP comparing Detroit to other cities and Deep Dives on Metro Detroit cities & neighborhoods: https://www.biggerpockets.com/...Your biggest question shouldn't be WHERE to invest, but HOW you will invest!