Quote from @Matthew Posteraro: I am in the phase of practicing deal analysis on possible investment properties in the area I am looking to invest in.

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.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.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As a CPA and real estate investor who is a general partner in two syndications, I want to share some practical advice to set realistic expectations.

.), which satisfies the "just wanna flip the standard channels" crowd.

He ended up finding an eight-plex in a growing neighborhood that’s now practically printing rent checks for him.

You have to practice and find smart ways to move around PPC/PPL is definitely something I’m keeping on my radar, it’s great to hear that it's working for you and bringing in motivated sellers.

Best practices for security deposit deductions (damages)?

If you catch these at the pre-foreclosure stage as slow pays or initially in default all the better as the bank has less in collection expense.You can still work out a discount but even buying at the payoff it can be profitable depending on the property value.You can practically force a lender to sell as it can fully indemnify them as a full payoff as demanded, continuing with a foreclosure becomes a rather vengeful act by the bank to punish a borrower, they don't want to go there.

Quote from @Gary Bonds: Any best practices when attempting to secure business funding from a bank, in the form of a loan or credit?

If they are billed separately, the charges may fall into Fair Debt Collection Practices Act laws.