Election year has masked some real dirt, but not sure how long that stays in the ground.

Whether it’s insight into the local market, tips for managing renovations, or just sharing your journey, we’d be grateful for any support.

When you rehab there is always some can of worms that pops up when you open the walls - the more you squeeze out of the contractor on a line by line basis the more they will up charge when that water line no one knew was there is discovered in some wall it shouldn't be in or the electricians on the original build decided to run the entire houses circuits for the ground floor and second story thru some ugly soffit in the kitchen that looks like it's there for no reason. 

If your looking for the least amount of risk and biggest bang for your buck I would look for a company that is a reputable turnkey provider thats actually in Detroit and offers things such as an efficient boots on the ground team, all sorts of established local relationships, solid in-house management, an operation that is highly skilled and well versed in section 8, a company that has proven relationships with both out of state and local lenders.

You should always make sure to work with someone boots on the ground who has good relationships with the city so they can make the onboarding process seamless.

My strategy involves purchasing and renovating properties with cash, and I aim to recoup approximately 75% of the loan-to-value ratio.If you have any recommendations for lenders or resources, I would be grateful for your guidance.Thank you!

Just remember ground up type project deals can sometimes have the fattest projections but also the most variables and risk.

Is there anyone with ground up build experience that is interested in partnering up with us for a project in Davenport Iowa? 

I am grateful for what I did do thus far.

I tend to want to tweak anything handed me to me anyway, so I plan on building from the ground up.Only you know what you're willing to do/give up.