4o Hi Monty, I Live 15 minutes from the freeport area with building and flipping experience.

Do these folks have temporary  overage for places to live?

Again, we were just happy our expenses were covered on the first home.

Profits during the partnership can be shared based on the agreed equity split, with income and expenses reported via K-1 forms. 

Yes 1k sqft is small but probably much better than living with family.

These units are perfect for owner occupants, and they are perfect for related living as you have described.

It will be remote, but since you live there now, you probably already have connections who either already know the house or local friends to find you good people to service things as needed.  

Homes are affordable and we're seeing homebuyers enter the market with a lot of assistance available from the city.I’ve been investing in Detroit since 2019 while living in California and own 12 doors.

We are currently in a n escrow for a new home, our own to live in.

Pro - I avoid any future repair expense.