Just cause it's new construction, don't expect it to not have issues.

While a good list helps, talking openly with tenants about property expectations is also vital to prevent unnecessary damage.

I am not planning to sell in the near future but I am planning to refinance next year, so this is very important!

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)

If it's a sub $100k property, I'd say expect 6%-8% depending on the agent (total fees, split between the two agents).

should I avoid this CPA and real state attorney in the future?

THe $125,000 costs does not include any settlement or carrying costs and expect the borrower to pay around 7% on the exit in form of settlement and brokerage transaction fees.  

I’m afraid I’m speculating too much though and the numbers might not work in the future.

Now that the Fed has signaled rate cuts in 2024, the expectation is that deal flow will increase again in the second half of the year.

Standards and guest expectations are much, much higher in MTR vs.