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:)

Grapevine (Grapevine-Colleyville ISD) and Flower Mound (Lewisville ISD, particularly the FM High cluster) are also fantastic starting points that check all those boxes.

I ran the numbers and it looks like a good deal but i wouldnt have an opportunity to check things out.

.• Comps and cost assumptions get cross-checked across multiple sources.• I separate the “investor story” from “spreadsheet reality.”

It's hard to find a deal that's going to check all those boxes but if you buy it as a LTR and you still have options you are on to something. 

After living here for a month or so we noticed that another duplex down the street never had any cars there and after checking, we found out it's abandoned and trashed.

Pick one now and tell your PM to enforce with monthly photo checks.

You can also check HUD’s website for guides and local housing authority resources.

Trying to receive all of the positive feedback and advice as possibleWell, start with checking out creative finance and see if it's for you.

I know this post is a few years old now but wanted to check to see if there is still a local meet up group for Santa Cruz County.