I am bringing 50% of the purchase and rehab cost in OPM.

I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.

A lot of investors have been drawn to the Midwestern markets due to the low cost of entry and a lot of the markets being landlord friendly as well.

2) Generally, what's the cost for replacing the entire thing?

Severe settlement issues were later found, making repairs unfeasible. o avoid delays and extra costs, we quickly sold the property to another investor.

However, just before work was scheduled to start, the foundation company informed us of severe, uncontrollable settlement issues that made repairs unfeasible.Given the significant delays and additional costs this would entail, we made a quick decision to sell the property to another investor.

I received a quote from Foremost which is almost half the cost.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

Our approach required no renovation investment, highlighting Partner Driven's ability to maximize returns with minimal costs.

Here is a question that we have not dealt with previously.  We are looking at a property that has the typical old interior stairs that are just short of being a ladder (reminds me of Navy ship stairs).  There is room ...