It was amazing!

Amazing how a house that rents for $750/month could have $4,000 of make ready only one year after it was a fully rehabbed turnkey.  

Sloan's Lake is an amazing area and gut check tells me your $2000 figure is right on (maybe even a little low) and $1850 is a great deal to keep good tenants.As you may have read in my most recent post, I also have a couple of deals lined up - I'm just figuring out how to get them all closed right now and I'd love to pick your brain once I've talked to my lender and understand what all of my options might be.

I used to hear a lot of stories on buying houses in dollars in Michigan.JieThanks Jie,It hasn't yet and it probably won't for a while.The outskirts of Detroit offer some amazing opportunities IMO.Its a good time to invest before everyone else jumps on board.

We had purchased an amazing Mid Mod that we are renting now as we get it historically recognized and update and renovate it.

Your character in this is amazing.  

Paul, MN:The suburbs of the Twin Cities are seeing a good pick up in tenant demand, and I’m amazed that demand has remained robust late into summer.

I am amazed at how much money some of you have to put into these places (just to buy the property, not to mention rehab cost, vacancy loss, etc.)

That would be AMAZING to find someone that would do that. 

We ran into deed and insurance hurdles that almost derailed the closing, but after four long months of hard work, problem solving and perseverance, we successfully closed an amazing deal (average closing time 59 days).With a large influx of capital, efficient management, and a little time the stabilized figures will look much different than going in.