Cost per lead (CPL) is crucial—it shows how much you're paying to get a potential seller or buyer’s info, and you want this as low as possible without sacrificing quality.

It’s just not worth it in Detroit especially with the low price points. 

my market is near the nation low in both evictions and delinquent rent even with very tenant friendly laws.  

However, at $105 per SF seems very low.

With HML at least you in theory can vet the property and keep a low LTV to ensure you can be made whole.

I figured, if I hire several low skill employees it would equal one high skilled employee.

Make sure you buy it low enough to make it worth the trouble.

Between lost (or forgotten) coin and government buying, I'd say the total float is too low to ever make BC a widespread 'currency'.

We'll certainly want to keep the property tax basis as low as possible if we hold it.

Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.