Micheal for deep dive into staying safe in Detroit.Lastly Detroit like many other markets the prices and returns are directly correlated to the RISK of losing your money.. you go for the very highest returns your taking huge risks being out of country. 

Cranberry township were I have spent a few nights and wondered through some of the new builds same price points.Bottom line we already have affordable housing in the US every metro area along the MIssissippi river and rust belt and deep south has plenty of houses for 200k and under.. these are less than replacement cost..

I didn't get to deep dive. 

The ones making the numbers work with these 1% rules what have are buying homes half burnt ,deep inner city needing work etc...And nothing wrong with it  just too much work for me .

Definitely worth a deep dive into the local market.Ownership changes?

Not holding my breath.

Only problem is with a short term my monthly mortgage payment will be 2K, and will cut deep into my cashflow during that time.With a little work I can get my COC to 3.1% per month for that 12 years.Appreciation is about average in this area and I expect to get about 4% annually maybe 5%. 

Also, since there is a huge gap in the industry in teaching people how to understand development and the different options we've launched an education arm to help bridge that gap so it's not just the "big guys" with deep pockets that can be a developer. 

Hi Daniel,I believe we had this conversation with you months ago on other new dev buildings in Miami with pretty deep analysis on rentals and appreciation.

At the west end on the deep water channel, Stockton Golf & Country Club and multi-million dollar homes (parts of 95206 known as Riviera Heights).