First Home buying process.

Purchase price: $300,000 Cash invested: $200,000 Sale price: $350,000 Prices on these units range from $350 000 to $750 000. they are newly built, and we will be involving either the investors or people that will own these properties to be part of the design process as this is one of the items behind my ideas.

This is fine with me, however I'm wondering what the process would be.

So, now you are up $0.75 overall.I understand of course there is the principal of the power of leverage, paying back with future money/rent, and being able to scale multiple properties that are amortizing/appreciating, etc.Otherwise, fundamentally my thought process makes sense, right? 

It's your best bet in getting some insight into the property and you may be able to help them in the process.Understand your state's foreclosure laws and what filings are required to start the process.  

The hardest part about section 8 is getting the process down, like what to do and when.

I am also personally looking to buy in a city like Detroit to learn the process.

The realtor is making commission on the lot which is now under contract.Points to consider - we have a sales team and process that doesn't require realtors, but usually work with them on land deals. 

I downloaded the STR Insights 2024 report and am looking through that, but combined with using AirDna's data and asking myself "where would I want to vacation" I'm feeling a bit of analysis paralysis.

It's not uncommon for sellers to stick to their original asking price, especially if they see the value in a straightforward and faster sale process without the additional fees that come with broker involvement.