Hello,I bought a bungalow in a middle class neighborhood in Michigan, centrally located and close to a very nice downtown (not detroit!)

Found a nice 3 family in my area that needs work but has great potential.

If it's a nice or just not bad area and the property is not in the terminal condition - offering $175K you will (IMHO!!)

The area does look nice, I just never have heard of buying a unit out of a townhome.

Brianna, nicely done on your 2 flat.

My minimum is $1500 and I feel that's reasonable.If you stand to make a nice profit, and you have a good agent who is working hard and is a valued professional, try and pay what the work is worth.

It is really nice.

It looks like you could make a nice chunk of change because its a big deal so even a small percentage is a big number.

This is just off the research I have done and some rough math of course If this is in the out islands you can probably expect $300 per foot for a nice home.

- It's funny, now that I have the money to pay cash I have made contacts and met other investors, turns out there's so much cash laying around looking for deals to invest in, I no longer have to use all my cash to buy#6 paid 85K used hard money for 3/1 SFR, spent ZERO on rehab, sold for $127K (buyer paid $110,000 cash, and agreed to a $17,000 1 year balloon note at 9%, which will pay off next month, created $125/month income for 12 months, and a nice pop is coming!)