You will be within close proximity to the University and approximately 5 minutes driving distance from the main city area, which also includes the hospital (could be good maybe for a medium term rental if close enough for travel nurses). 

Only one of these methods involves "saving" money, and most BP users don't pay enough attention to it. 

Hey Randy, I'm glad to connect and discuss potential ways to get involved and learn about real estate investing through flipping.

@Roger Garner the strategy will really depend on what level of involvement you want in the project.

I suspect this would happen if various parties were given the ability to ask questions in nearly every application for what this thread touches on - and I have major concerns about integrity (and credibility) issues involved in putting yourself in a position to defend this position if ever challenged. 

To meet material participation, you need to log at least 100 hours of work and do more than anyone else involved.

Hi Jessica, I put the house on the market instead as the MTR strategy involved significant upfront capital that I wasn't ready to for.

. - which I suspect you're already inclined to do.You can also investigate various methods of pipe replacement / renewal that involve trenchless technologies, such as pipe lining, pipe bursting, or directional drilling.

I started investing locally and have kept expanding after moving out of state, so I’ve got experience navigating the challenges that come with investing from a distance too.Detroit has its challenges but also some of the best potential for cash flow combined with affordable entry points.

.: Quote from @JD Martin: What I would probably do is just set up an LLC or Trust involving your kids such that the property and benefits were owned and distributed by the laws/rules governing the LLC or Trust.