If you're only using a portion of the funds, its less of a risk and could make sense depending on your situation and the deal itself.  

I only buy in vacation markets that depend on tourism to keep their area going.

If everything in the neighborhood is 90 DOM (market dependent)..

Still have to be careful though, with the block-by-block challenge, depending on the Class of Neighborhood.Also, be sure you understand the difference between the City of Detroit and the suburbs!

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

I am not buying, selling, investing or anything related to BP.DM me if interestedBuying in Kensington is either a total disaster or a very brilliant move, depending on your timeline.

David David,It completely depends on the tenants circumstances. 

Just depends where it falls in my rotation.

This may depend on your market, of course, but in general, if all of the nearby MTRs have it, you are going to want it for your units, as well.

Henry the returns were 12 to 17% depending on amount invested and how long you locked up. the other thing that this fund invested in was  defunct brick and motor like radio shack  stien mart etc with the idea that they were going to turn those old name brands into  on line sales .