Just another few miles added on to my weekly odometer.But I made it just in time.

In the city or more urban neighborhoods though it's definitely more commonplace.I've added off street parking behind a property off an alley like you said at least a handful of times.

This included modernizing the kitchen with high-end appliances, upgrading bathrooms with spa-like features, and adding hardwood floors for a luxury feel Lessons learned?

(Previous rent was $1,300 but we're about to put in a brand new kitchen from the studs, new flooring throughout the house, new furance, adding A/C, etc).So do we just pay for it all upfront and mostly drain all of our savings, or do I let the rent pay for it and utilize our other savings to get a second property this spring/summer to increase our cashflow? 

They exist but are far and few between.After bumping the rate to 7.5%, adding 5% to Maintenance, and increasing taxes to $2500, I would need to increase rent to $950 to cash flow.

Just a word of caution about Metro Detroit, it still has a large portion of its economic activity related to automotive. 

However, with smaller investments, if bonus depreciation isn’t captured in the first year, a cost segregation study’s cost may outweigh the added benefit.

With several large universities, including the University of Pennsylvania, Temple University, and Drexel University, the city has a steady stream of students and young professionals looking for rentals.

I'm right there with you in regards to going toe-to-toe with a licensed professional on such a large purchase.

I am in a large syndication group too where GPs are not even allowed.