That means a $300payment now may be sweet but if they were to stay in their home long term, that $300 payment may be peanuts in 25 years. 

With time, your property will get into the sweet high demand spot. 

Sweet residential Fannie or Freddie financing is only available to natural persons, not LLCs. 

Pretty sweet deal, eh?

Happy to send a screen shot of the portfolio to anyone who wants to see, it just won’t allow me to attach pics to a reply.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

It is a value add with margins that look pretty sweet - but if the rehab goes double or triple what's been projected then the deal quickly goes from sweet to "meh."

A $20 bottle of wine can be just as complementary to a meal as a bottle of wine costing $200.

Well anyways I'm going to keep it short and sweet, I'm looking for a mentor in my area to help me and give advice as I progress to the next level in my two niches; buy and hold and fix and flipping houses.

If he has red wine probably two pills are needed. good luck!

Look for the sweet spot--a best of breed property in a B/B- location with great livable space (not a converted SFH with tiny rooms), with an asking price GRM that is much lower than A area GRM sales comps (based upon your range) you may have something.