Southwestern Michigan offers plenty of charm and is a destination place but would definitely make sure your ROI makes sense based on your long- and short-term goals with the property.

Quote from @Patricio Acosta: I finally found the perfect flip in Coronado, San Diego—the agent hasn’t received any offers, the listing price is reasonable, and the home has huge potential.

My CIPS® designation and global network allow me to offer clients insights into international real estate trends as well.

It was a deal that was offered to me directly by the owners using owner financing and i took it!

Well we listed it for sale - got a few offers, but nothing good enough to really pursue.

But to the point of this thread, no one can offer a "this is a good return" without knowing the structure and the potential risks involved.I think Jaycee hits on the general returns available in the market. 

Unlike other major Florida cities, Jacksonville offers a range of distressed properties under $200,000, making it an attractive option for cash buyers looking to maximize returns through renovation and refinancing.The city's strong rental demand is driven by a growing population, a robust healthcare, logistics, and tech sector, and a significant military presence, including Naval Station Mayport and NAS Jacksonville.

Even if they offer a 721 on any property, I would recommend looking elsewhere.

I even put an offer in on a great BRRRR in Baltimore’s Patterson Park but was outbid, likely by an LLC that already has its own contractors ready to go.Crossing my fingers that all goes well in the inspection and I’ll move on to the next steps of property management. 

As for holding properties under an LLC, there are definitely pros and cons—it can offer liability protection and tax benefits, but it also comes with additional costs and paperwork, so it really depends on your goals and risk tolerance.