The equation shouldn't be PP = Market Price - cost to repair foundation, it should be PP = Market Price - cost to repair - discount for taking on the risk.

In a highly competitive tourist market like New Orleans, I update my photos weekly. 

I see off market properties weekly, talk to investors both new and seasoned daily and I am actively buying myself.

Highly recommend partnering with a local realtor who knows the market. 

Lenders do not look at your personal income or debt and will use the current market rent or lease (up to 120% if the lease is significantly higher than market rent or vice versa) as qualifying income.

- Find ways to provide real value: Whether it’s market insights, deal structuring ideas, or even helping investors improve cash flow, being a problem-solver makes you stand out

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

It requires no money upfront, so you will join thousands of others trying to do the same in your market.

Our focus is on mid market 50-100 unit's but happy to help.

Try networking locally with HML's who know the market.