I wrote this article a couple years ago, so not positive how accurate it still is (haven't reread it), but it will give some info as to what my thoughts back then were about it in more detail.https://www.biggerpockets.com/renewsblog/2013/09/2...But other than that, in short...I don't feel confident yet in the upward movement of Detroit yet.

If you have confidence in a deal, put it under contract and then start shopping the deal around to potential partners. 

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)After becoming more knowledgeable and confident take action to snag your first real estate investment deal.Here are some solid tips before buying your 1st investment propertyhttps://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/Don't get caught up in analysis paralysis.Take calculated risks if needed and you shall be rewarded!"

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)After becoming more knowledgeable and confident take action to snag your first real estate investment deal.Here are some solid tips before buying your 1st investment propertyhttps://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/Don't get caught up in analysis paralysis.Take calculated risks if needed and you shall be rewarded!"

I will admit I did get sucked into a real estate investing program a few year's back which cost me $1,000....of course, I did not do anything with the program and the DVD's are still sitting on my shelf....I am to blame, however, believe that I have found the right place at Bigger Pockets to further educate myself and gain some confidence prior to moving forward on this journey. 

I've already started listening to some of the BiggerPockets podcasts and reading the blogs which are truly motivational- it has given me the confidence to make this goal a reality!  

I think he has a reason for not buying us all out already...He seems to be pretty confident that we will be able to piggyback on to his sale when the time is right. 

We wholesaled a deal last fall to a buy & hold investor, because the rehab that would be necessary to flip it was substantial, and we just weren't 100% confident we could get the ARV that would justify it, even though the market supported that number.  

Under the guidance of a good mentor, when the time is right, I'm quite confident one could be QUITE profitable with a much less expensive "education".Total investment: <$1200

Because they are confident enough with the outcome that they don't consider it gambling.Some people are willing to take that a little bit further...They say, "I just bought this rental property that generates huge cash flow; unless the market collapses or the entire town blows up, I should have no problem making positive cash flow with this house."