United Bank in Grand Rapids.

I invest in Grand Rapids but severa of the sourounding communities also offer great buy and hold options.

Sounds very similar to what is going on around here in Grand Rapids, MI.You gotta be fast, but not only that, you'll more then likely need to go above the asking price for the MLS houses.Everyone and their neighbor seems to be reinterested in real estate again!

Sounds like you found yourself a potential grand slam deal.

I really worry for my country and grand kids.

You don't say what those GC's quoted your, but I'm guessing its several hundred, if not a grand, once you have a licensed plumber and a licensed electrician involved.If you do proceed, I don't see any point of having a GC.

However, new monster buildings like Bay View Grand and Porto Fino have caused a surplus of rentals and owners there are having trouble paying mortgage and HOA fees.

I still have time to travel and finish all 50 States and 100 countries, and spend time with 6 kids and 11 grand kids.I know many aren't in the same age group , etc. currently, but more me, I don't mind sharing.

They still owe 200 grand, and suddenly they lsoe their job and can't make any more payments.

@L'Oreal---I am located in Frisco, but my subject property is near Grand Prairie and Cedar Hill in SW DFW.