Quote from @Elealeh Fulmaran: Smart to draft the offer now and be ready to fire—come in clean with proof of funds, tight inspection focused on roof/HVAC/electrical/plumbing, and a short response deadline so you control tempo.

Unfortunately, there was a stop work order in place on the property, which the roofing contractor was told by BTC was resolved.  

“Report any plumbing leaks, roof leaks, or window condensation immediately.”

I currently work in the construction field for a small company where we specialize in home rehabs — mainly porches, siding, and roofs during the summer, and interior remodels in the winter.

The Land Bank and Land Trust properties in Detroit can look tempting because of the low prices, but in reality, the rehab costs can be pretty steep, sometimes higher than expected, especially with older homes needing full systems, roofs, and city inspections.If you’re considering BRRRR in Detroit, it’s definitely doable, but you’ll want a solid local team (contractor, property manager, and someone who really understands city compliance).We’ve seen many investors start there and later shift toward turnkey properties, which already come renovated and rented, still in Detroit, but with way fewer surprises and strong cash flow.We work with several out-of-state investors who prefer that route since it gives them reliable returns without managing heavy rehabs.Happy to share a few insights on what’s been working best in the Detroit market if you’d like!

Low inventory, inbound migration from higher-cost metros, and cheap financing created the perfect storm: sellers held all the leverage, buyers fought over anything that had a roof, and investors—especially those trying to scale—had to move fast or lose out.But over the past 12 months, something interesting has been happening under the surface: the market is easing.

I bought SFR under 20 years old in a market with no damaging weather, stucco siding, and tile roofs for basically zero exterior maintenance.

Quote from @Sharon Bancroft: I need a loan for a roof.

Do you have any info on roof, hvac, hot waterHope this helps!

It's not uncommon for people to rack up significant debt on a college degree in a topic they found interesting, only to discover they hate the actual job.