Quote from @Zarresha Carr: @Michael Smythe That’s a great point, Michael — I’ve noticed a lot of people using zip codes when discussing Detroit investing, but I can definitely see how that could be misleading compared to neighborhood or block-by-block analysis.

I’ve noticed many new investors focus heavily on finding a property first, then scramble for funding after.For experienced investors here—do you line up capital before or after you’re under contract?

At one point I noticed a fist sized hole in the wall at about ankle height.

However the lease they used was their boilerplate doc and everything is directed to the leasing company for rent, maintenance, notices, etc.

You'll have to essentially submit the higher rent request and rent renewal, get the denial, and then serve a notice to terminate the HAP contract with no less than 60 days notice.

I’d look for ways to increase your income: side hustles, 2nd job, start a small business, etc. and decrease spending to boost savings.

Cap rates are noticeably lower, but less Section 8 and newer homes.I'll leave you once again with the importance of setting goals for your real estate investment portfolio and letting those goals drive your acquisition criteria.

Hey, maybe I'm wrong, maybe I am a 1-off and nobody else cares or notices as I do, ok.

Copying a template is not the right move.I look at most of these direct mail companies and their messaging is horrendous.Imagine needing to sell a house, you need someone you can trust, someone that is personable, someone that is competent..and you send a letter saying, "CAN GET YOU TOP DOLLAR".Everyone says that, but sellers main not need top dollar, they main intemperate that as a desperate move.If comes across as a blanket approach and sellers know you sent that same letter to everyone possible.I notice this with investors too, "I CAN BUY AS IS, QUICK CLOSE" it sounds way to much like a pawn shop.It's icky, it's not detailed, it's vague, it's an assumption they even need that.Since testing out handwritten letters and just sharing the truth that I'm just asking around changed a lot for me,even though it takes much more time, it's getting much more results this year.Stop with the ChatGPT prompts, stop with the templates and be real.Think about it this way, it takes more time to find the perfect prompts for a good templatethan it does to just write the message yourself lol

After they see the full benefits (decreased living expenses, appreciation, debt pay down from your tenants, depreciation), then their mind will change :)What is the business plan transitioning from HH#1 to HH#2?