Property Inspection: Conduct a thorough inspection of the property to identify any maintenance or repair needs.

Based on my experience, I definitely can't recommend the 5mm CoreTec ProPlus for anyone with any subfloor imperfections unless you're planning to do a very thorough repair job!

Since you said it's not cheap and can't afford to have it sit vacant for months, you really want to be thorough in your underwriting.

It sounds like you've done a pretty thorough job crunching the numbers.

I thoroughly enjoyed his recent case study he did with an individual who supposedly took his training/mentorship: https://www.commercialproperty...What I liked about that case study was that the mentee allegedly bought 7 units and then 66 units, in about 9 months (from scratch), and at the time of the interview, she was in contract to close on an additional 241 units soon.

Before taking the leap, thoroughly research Section 8 in Detroit, talk to experienced professionals, and carefully analyze the numbers, factoring in possible risks and rewards.

Study up.CRITICALLY IMPORTANT: Screen the tenants thoroughly.

I don't recommend Homeowner's or others messing with openings (doors, windows, vents, etc) in their homes unless they are thoroughly versed in waterproofing; which most aren't.   

The preliminary analysis can have lots of data, so it's important that the provider thoroughly review it with you to explain what depreciation tax deductions Cost Seg study provides and what depreciation benefit you would get w/o Cost Seg.

It's important to thoroughly research the auction process and potential financing options before diving into purchasing the 6 unit building.