Quote from @Eric Rosiello: @Devin PetersonMassachusetts  Ah sweet!

Right now, I’m preparing to get my Michigan real estate license and in the process of starting my own company, Home Sweet Homes Realty. 

🎉 Big upgrade from checks-under-the-doormat 😂 There are a few good all-in-one platforms that handle online rent payments, leases/docs, and maintenance requests: Avail (super beginner-friendly, good for smaller portfolios)Buildium (more robust, but pricier, usually better if you plan to scale)TenantCloud (solid free tier, covers payments + maintenance tickets)AppFolio (very powerful, but typically better once you’ve got 50+ units)  For a first 4-plex, I’d say Avail or TenantCloud is probably the sweet spot.

I’ve found the sweet spot is using AI to generate and test ideas faster, then still stepping in as the human filter.For deal analysis, AI is powerful at surfacing patterns across counties or asset classes that would take a human hours (or days).

For long-term rentals, the sweet spot usually comes from places that balance affordability with steady rental demand.

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.

Michigan, especially mid to north could be sweet, too. 

Many gurus promote these properties misrepresenting they are getting Class A or B results or S8 tenants are easy to deal with:(Class B Properties: we believe this is the "sweet spot" for investors in any market and has historically been also true (look at what average investor was buying before the Great Real Estate Crash!).

I find that the sweet spot is pricing a DSCR on a 5/6 ARM with a 3 year PPP.

I found 2021 was the sweet spot because the interest rates were still low but equity wasn’t too high.if you are just going to watch assumelist or other website you need to be patient because inventory is low for low interest rate houses (no one wants to bail on there 3% mortgage to take on a 6% mortgage).