But that is usually a low single digit percentage, like 2% or 5%.

@Justin SterlingLove Metro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%+Cash flow: $250-$350/door+Appreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

It's public water and sewer, couldn't speak to system ages and conditions but plan to have cameras run down them during DD to see conditions between units and where they connect to public systems.

@Zach WagnerMetro Detroit (my rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties.

The model is to sell digital nomads on this idea "Live anywhere in the world".

Hey BP,Quick question about security cameras.

Dont get pulled in by smooth talking Turn Key operators and thier slick excell sheets showing double digit returns.

@Dan TranSure Dan.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: 1%-1.4% rule dealsROI: 10-14%Cash flow: $250-$350/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-15% (has been double digit for a decade)Location: C+, B- These numbers are based on the “sweet spot” in Metro Detroit.

When the parts break, they are cheaper to repair and replace than a motherboard would be for a washer with digital programming buttons (appx $50 for parts vs $900).Cheers,Melissa 

I figured I could get my own WiFi for the building and connect the common door lock, cameras, hot water heaters, lights, etc.