The house is located in a very high-demand neighborhood and has great visibility.This is a completely new experience for me so please excuse my naivete, just want to be prepared and identify any potential blind spots I'm not thinking of.Thank you in advance for your feedback! 

That makes it a challenging spot for appreciation plays right now, but also a place where buyers have real negotiating power.Meanwhile, the greater metro area — including Jefferson, St.

That's a tough spot to be in!

Most of your assumptions were spot-on, and seeing it laid out that way helped me confirm I’m on the right track.Thanks again for taking the time — really appreciate your insight.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 4-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

You are now in a tight spot to finish it all.

I’m in a hard spot financially cause of the remodeling work in my area has slow tremendously in my area.

You're spot on—Milwaukee is very block-by-block, so local insight is key.

I studied the areas and learned the hot spots.

NC spots like Asheville have cracked down hard on STRs, so you’ll face more restrictions there.