The overruns weren't caused by the Land Bank or thir requirements, they were due to inevitable surprises when you do major renovations.Rcommend NOT focusing on Land Bank properties, instead look at everything on the market and buy the best BRRR property you can find.One last thing, many of the Land Bank properties are in Class D Neighborhoods:( VERY difficult to make these work as rentals or flip.If you'd like to chat more, DM us and check out the Interactive Map of Metro Detroit with color-coded Classes on our website - to make better decisions:)

I know on my new builds that are 700 to 1 mil I get 10 to 20k and normally its just held in escrow. it is non refundable once we start putting in custom colors etc.

One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit.

There is a pre-colored version that costs slightly more, but is a lifetime product.

Also, if your ARV comps are flips, understand that as someone who is new to this, you might not have as much experience in what the neighborhood expects—color palettes, fixtures, finishes—which also influences value.

Three mountains all different complimentary colors.

And although we're mountains (ski in/out), we don't do plaids, leather, or moody colors, lol.

Like a Dave Ramsey book on budgetting that should just say if you don't have the money don't buy it on the first page and then you can include crayons or for an extra $20 magic markers with coloring book pages.  

They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Student – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.

@Christine Knezevic, @Mackaylee Beach, @Christian Maluo, @David Peschio, @Noah Corwick here guys this is a free Rental Paint Color & Prep Guide: https://www.g3manage.com/rental-paint-color-guide  --- It's a PDF of rental paint colors and color codes along with prep and then also includes a free paint approval form for landlords/tenants.