Hi BP, As a newcomer to the real estate investment scene, I wanted to see if anyone had experience with Section 8 investments in Detroit.

@Felicia Vinces it sounds like you missed our Year End Live show and Podcast of "Real Estate Notes Show' where 2 15 year experience note investors break down what makes a note valuable.  

I was wondering if anyone has any experience developing or owning something like this.

A solid strategy is to look at recently renovated properties in the same neighborhood that have sold and compare their finishes, square footage, and layout to your potential investment.As for value-adds, some of the biggest ARV boosters I’ve seen include:•Adding extra bedrooms/bathrooms if the layout allows•Upgrading kitchens & bathrooms (modern finishes, quartz/granite countertops)•Improving curb appeal (landscaping, exterior paint, new doors/windows)•Enhancing tenant experience (in-unit laundry, smart locks, better lighting)If you’re serious about making moves, I’d love to help—I can even fund your project if you’re looking for financing.

Sounds like you’ve got some solid experience under your belt.

With flip loans, experience is key.

Does anybody here recommend any mentors/resources/tools/or has experience doing it themselves and would be open to connecting? 

It is also providing great experience for them so win win.   

If so, how is your experience?

A partnership requires three things to be successful - Experience, Capital and Time.It looks like you have the capital and experience but maybe not the time.I have my doubts about this working if you have a friend who has weak credit and a limited cash flow.