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.

A duplex is often the sweet spot: less management risk than 3–4 units, but still giving you the benefit of living in one side and having the other help cover your mortgage.

@Jay Hinrichs: I've got a sweet $500k cashflow rental listing in Seattle Proper right now.

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

Of course, I also keep my eyes on the last five years to get a more recent perspective.After finding the ideal market, time to zoom in and find the sweet spots within it.

Building relationships within those micro-markets is crucial to finding sweet spots for investment.Our buy box criteria is based on experience and lessons learned from past deals.

Incredibly sweet guy, and was very interested in my story, and shared his which is super inspirational!

I’ve been looking closer at stale MLS properties too — the 30+ day mark is definitely a sweet spot for softer sellers. 

In terms of what to target/avoid: properties built in the 1950s–1970s tend to be a sweet spot here—less lead and knob-and-tube to worry about but still under that price point.

Sweet, was AB968 an issue?