Looking to learn from those with experience in remote investing!

A mini split is ideal, but even separate baseboard controls will keep tenants comfortable.I’d keep the rehab clean, durable, and functional.

I adored the coastal charm, affordability, and the lifestyle flexibility really stood out to me.I’m planning a temporary relocation to South Africa (6-8 months), where I’ll continue working remotely while learning the ropes of passive income generation through property.

One thing to do if you have concerns is animal control needs to be involved.

@Max Uyeda Max, congrats on taking action so early, that puts you ahead of the game already.SFRs are a great way to start if you want something simple and easier to manage remotely.

In the Midwest, I work with investors doing similar strategies—finding undervalued or off-market single-family and small multifamily homes, then managing them remotely for cash flow and appreciation.

If you have a trusty and competent handyman (which you should if you are managing remotely), then they should be able to handle it for you but you will have to compensate them for their time of course.

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.

Quote from @Kelly Schroeder: The biggest challenges on scaling flipping are quality control with contractors for example getting the vanity light straight and centered with the vanity sink.

This implies residential units can be built at lower costs and provide better return than building a single ADU.11) adding an ADU to SFH can make the SFH fall under rent control.