Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

To do with other ppls money, you need that personal relationship with the money source and then they have to trust you in terms of market research, boots on ground, analyzation, contracting, and exit sale. 

Risk Management and Exit Strategies - What are the main risks you consider when analyzing raw land for tract home development?

There are a few more options, but those are the most popular. 

Long before you NEW investors with computers and the WHOLESALING of homes became popular.

The subtract off selling costs which will get you to near what you paid for the property (which will net you a small amount after paying off the loan and the missed payments).Before investing in next RE 1) get you finances in order 2) build up adequate reserves 3) learn to analyze the numbers better.  

If you’re in that cash position I mentioned above, then we might be a good fit to get on a call so I can show our process which is complete: 1) finding and buying the right property 2) creating a top product from that purchase with a world-class designer on my team 3) co-hosting/managing that property at a discount for clients to ensure you get more money and have a product that lasts.you can also follow me on IG @tampa.rei , I’m actually about to post a walkthrough of a property that was being managed by one of the most popular PMs in the country and in just 1 yr you’ll laugh to see what state the property is in from poor management!

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

On top of that - you're simply creating a new job for yourself when it comes to rehabbing, managing, generating leads, analyzing deals, making offers etc - so now you have to scale and outsource responsibility.

Detroit can be tricky to analyze, and some deals that look good on paper might have hidden pitfalls (taxes, rehab surprises, etc.).