Detroit requires strong local relationships to navigate things like neighborhood nuances and property management effectively.

OccupancyMost lenders require a minimum occupancy rate of 85%.

Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.

If any of the proceeds touch the sellers hand the IRS sees it as taking profit and you will have to pay taxes on that portion.Net proceeds - Is the net sale, minus any Equity in home being sold.I find a lot of investors who want to purchase less than their reinvestment requirements will do the calculation to see what their tax burden would be if they purchase less than they sell.

google "all inclusive Deed of Trust" fantastic CA document we used all the way back in the early 80s If I'm not mistaken though a wrap would require the 2nd buyer to also agree to financing terms; which would be the same as me (the 1st buyer). 

@Helena Goyvaerts rate for a 30-year fix would be at least 8.5% with some points (1% of loan amount).Most DSR lenders have a minimum credit score requirement from the applicant.

If it requires a mobile closing we use Michigan Investment Title because they willclose anywhere at no cost unless it's a ruralarea but downside is they require wires for everything which alot of title companies are starting to require anyways.

What special purpose equipment do you have for an ADU/Office that required unique wiring for it to function? 

Simplified Approval Process - SB 9 requires ministerial approval for eligible projects, meaning they bypass discretionary reviews that often involve lengthy public hearings and bureaucratic red tape.

Does a DSCR loan require 20-25% down payment?