However, I am searching for something very detailed, something that would explain how to legally and successfully pass my worries related to problems that could occur - they are described in quoted text.

If you want to make this a serious money flowing business, market, get a site, DMM, set up an LLC, and put your name out there.You will be successful if you are sharp, work harder than anyone else and are relentless.

When it closes I'll put it in the success stories area and hopefully I'll have a lot more deals coming as a wholesaler for those of you who are flipping and or holding.My strategy is simple.

I would love to connect with any experienced investors and agents who have had success in Detroit so that they can provide me with the valuable insight that comes with living and knowing their city.

I was a superhost, and had a very successful thing going.

Wow John congrats on systematizing your success while working, that's great!

Question here to the more experienced investors or those who may have used the BRRRR strategy... in reading up on it I'm not completely sure if it's developed for those who are buying all cash or if people have had success with the strategy on a financed property.

I have done it over and over again with great success.

But that takes years of building a successful track record to do.

I generally like to see rents of $900 to $1,000 and above, but that can be market dependent.Visit the area and the provider you are considering - there is nothing like a face to face, seeing the neighborhoods, the quality of the rehabs, and the operations of the provider.Fully vet the property management - nothing is more important than the PM in the long term success of your rentals.There's more, but those are some keys to look out for.All best in your REI!