Uploaded August 2026 | Updated September 2026, 3 weeks ago

---

An out-of-state investor bought what the seller described as a light Detroit rehab with roughly $8,000 in repairs—but the real number was closer to $25,000. In this video, James Wise explains how major electrical, plumbing, roofing, and property-condition problems can turn a cash-flowing rental into a money pit when investors rely on bad estimates instead of experienced local professionals who know what to look for.

***

#HoltonWiseTV #DetroitRealEstate #DetroitMichigan #MichiganRealEstate #RealEstateInvesting #RentalProperty #RehabCosts #OutOfStateInvesting #PropertyInspection #InvestmentProperty #RealEstateMistakes