Metro Detroit offers many options for meeting the 1% Rule and relatively high ROI.Follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...The two most common mistakes we see investors make, over & over again, are:1) Not understanding and running their own ROI numbers2) Not having a clear understanding of the type of asset a property isIn our opinion, your best team member should be your Property Management Company (PMC).

I'm in deep Eddy.As for Bask, stick with large banks.

I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... 

Take a deep breath, keep pushing forward and it will all work out!

@Kathy Henley - Thanks for the response to answer your questions, there is no mortgage on the property dad paid it off long ago. 1) no really as the whole roof needs replaced at this point. 2)I agree 3)I can agree 4)no the local trash companies trash trucks were so heavy that it is put 2 deep ruts in the lot that are up to my calf's and I'm 5'11" in height.

He dives deep into a similar project in that book.  

I have done a google search but there's no real way to tell how the lender operates until you are knee deep into the deal.

Inch wide, mile deep.

The treatment depends on the deep conversation and Schedule C may not be appropriate. 

 $100K worth of projects in the Midwest or deep South is very, very different than the same dollar volume of work in the Northeast.