When considering properties in Detroit, it's vital to conduct thorough research and evaluation.

Dallas has experienced growth in recent years and has a robust real estate market, which could present enticing opportunities for flipping properties.Ultimately, it's crucial to conduct thorough research, gather local market insights, and consult with real estate professionals in each of the locations you're considering.

Conduct thorough research on the out-of-state market, local regulations, and property management considerations before making a decision.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

If it doesn’t you need to do a thorough review of the contract. 

I would simply be extra careful to make sure communication is thorough and effective, and I read everything very carefully, before signing.

Figuring out cap ex and reserves takes a more thorough analysis and is not one size fits all.

In this case, the property appears to be next door to a boarded-up, vacant home.Market Research: Conduct thorough market research to understand the local real estate market trends.

Yes, an LLC can be treated as an S-Corp for tax purposes, while still have the flexibility of allowing much easier transfers and assignments of interests versus a traditional corporation which is owned by stock shares (and gets complex, if you remember Business Associations from your Bar Exam)The pros/cons list of electing to have an LLc treated as an S-Corp is thorough, but basically, there's a certain "break-even" point where it makes sense to have the S-Corp treatment because the tax advantages outweigh the extra protocols that come with an S-Corp. 

Do a thorough inspection of the outside and seal any holes and repoint the brick as necessary. 

ouch. you probably tried this but many towns have a problem properties list...and maybe code inspectors can be called on to thoroughly investigate the property again and again and again...those things are usually complaint driven.