I'm not completely foreign to the construction process as I grew up around a family that was involved in home building, but due to living in another state I can't really lean on them for the direct, hands-on guidance. 

With the purchase, the rehab, the closing costs and the holding costs (hard money, taxes, insurance, utilities) our all in is around $200,000, but we have created $40,000 in equity.

Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.

@Kelly Taylor who doesn’t like tax free atm withdrawals?  

I did some due diligent research on this company as I am also considering to use them due to low price but worried about scam.

You house/property will not sell for as much due to that..

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Urged them to make a withdrawal and pay the tax penalty because this program, training, education will change their life.