So if the purchase price is 950K, then that works out to roughly 17K per unit; and if the purchase price is 850K, then that works out to just over 15K per unit.Per unit prices like that usually indicate that the location might not be so hot and the typical rent will be low.

Target industries include IT/data, logistics/warehousing and advanced manufacturing.South Bend being a college town with several Universities/Colleges (Notre Dame obviously being the largest one) creates student housing opportunities for approximately 20,000 plus students among all the institutions.All this spells opportunity and many out of town, out of state and even international investors have and continue to try and claim their stake.As indicated by @Immanuel Price and @Aaron Linden the University of Notre Dame in partnership with the City of South Bend has contributed a lot to the revitalization of the City that is bringing new jobs and the need for new housing.

The updated “Lead-Safe Certificate” shall expire on the same date as indicated in the original Certificate..

i'm not aware of any requirement in Michigan to file a tax return or do anything other then pay a basic $25 annual fee and file an annual report which basically indicates whether there are any changes to the LLC.  

I wish you the best.You must have overlooked the part where I indicated I have been investing in small towns for the last 25 years .  

While the 100% point is Ideal(indicating Reserve cash is equal to the value of deterioration), a ReserveFund in the 70% -130% range is considered strong (low risk of specialassessment).

It is 5% per month-there is some controversy about that owing to the fact that it comes out to 60% annually, but I had a hard money loan (owner occupied ) out at 15%, contract written by a Georgia real estate attorney, so I consider that a good indication that I was legal!

. - If you know your numbers Key Performance Indicators KPI's that will give you an insight into the business.

Does this indicate we are close to closing?

It should give you an idea.You indicate that you would do a bunch of work if you try to flip it.