Those who are in socal and I am sure most markets know how tough it is with the bidding wars so I think this could be a good deal. 

Borrowing other people's money sounds great but the market prices are high and hard to make profit if you borrow the down payment and borrow for the remainder of the mortgage loan. 

This deal was completely done off-market.

s local market expertise, we secured the property for $160,000.

Oakdale's growing market further enhanced its appeal.

Preferred money market is over 5%.  

Good quick read on several cities that witnessed home values appreciate aggressively during the Pandemic that are now softening.

Absolutely,I have a lot of clients working in Detroit and it has some great opportunities centered around 1-4 unit, affordable fixers that, with a little bit of work can become great cash flowing investments with lower annual tax and insurance costs.The downside is that you definitely have to know what you are doing as the good properties need some hefty work, and the market is pretty competitive.

Leveraging Julie's local market expertise, we secured the property for $40,000.

But the today the high interests and the unknowns in the market makes it very risky.