. $40k is a great starting point, but a 203k will allow you to stretch it far further and even create substantial forced appreciation. 

In a year if you finally got an eviction you lost the ability for that $100k to generate revenue as a squatter house is not going to be appreciating based on the condition they will leave it for you.

I'm still curious about people working together with the next highest bidder (presumably one with discount) winning.I appreciate your insight, I've read several of your posts and bookmarked your site in my research on investing here in Detroit! 

This property likely will not appreciate faster than inflation which implies in inflation adjusted dollars there is no appreciation

I am looking for a growing market with lots of appreciation value.  

Appreciate you sharing your story and hoping that the success continues!

So any help, tips or advice will be greatly appreciated. 

If anyone has worked with these companies or similar turnkey companies, I'd appreciate any info you have to share!

Also, I can't seem to tag J on this post so if someone else could that would be appreciated.

Any information would be appreciated!