Interest rates and insurance premiums are breaking some deals.For your cash flow estimates you should double or triple your estimate for insurance and see if the deal still works for you.

From my research, townhomes appear to have lower maintenance costs compared to single-family properties and potentially offer higher cash flow.My primary goal is to find avenues to park money while also building wealth, achieving high cash flow, and growing in the real estate sector.

Now you need to figure out how to find deals and pay for them.

You can only use an LLC to buy if you have cash or two years of tax returns through that LLC and can get lending with it.

When you find yourself in a hole, stop digging. 

Should Ryan Poske respond to challenge this review, as I have seen him do elsewhere, you may find yourself wondering whether our expectations for this project were typical and reasonable.

Hey @Kevin DuongAmenities and Needs:-Location i.e. close to amenities, parks, business, restaurants, bars.Similar features they would find in comparable rentals. 

Hi Jagan, Many of our investor buyers have been focusing in on TN due to good location and rental demands. 

The COC will be right around 8%, with $500 in cash flow (after accounting for Maintenace, repairs, taxes, insurance, vacancy, etc.).

A good contractor that has established themselves in Detroit and a realtor/broker that runs all over Detroit checking out properties I find on and off markets.