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Updated about 5 years ago,
Flint Multi Family in an Opportunity Zone
I recently got a great deal on my first multi family - a 5 unit commercial building in Flint, MI.
Building is vacant & needs a full rehab. It is also located in a qualified Opportunity Zone. I paid cash, holding coats are not bad
I am out of state & not sure I'm up for the challenge of fully renovating it myself. Considering selling it AS IS. I don't have any repair estimates yet either, I'm just assuming it needs everything
Anyone have any tips/experience on selling in an OZ?
Should I consider partnering w someone who can handle the rehab?
Any other creative ideas on what to do with this opportunity??