There are a lot of nuances with this type of investment, but between Padsplit, your GC, and an agent, they can guide you through your first couple successes. 

But in my mind that's your best case scenario, take your profit at the beginning, maybe buy a couple of the houses at a discount on the back end as rentals if it works out, but for sure I wouldn't want my profits for improving raw land tied to the final sale of the home unless I was incentivized to do so.  

So I waited a couple months, and they reduced the price.

Hey Caleb, There are a couple local REIA groups that would be good sources to come network with local investors.

I was wondering if there's is any information about this group and what it is they do... and if it's worth paying their membership fees There’s a couple of members on here that are a part of or have been part of lifestyles unlimited.

They will normally have some pre-payment penalties in the first couple of years but if you are keeping long terms that's not an issue. 

I have been an agent for about 3.5 years, and working on acquiring my first couple deals for flips/BRRRR's asap.

I invest in Detroit as well, and it's a city full of opportunities if you take the time to understand it.A couple of quick tips: Get familiar with the neighborhoods—Detroit is very block-by-block, and the difference in property conditions or tenant quality can be drastic just a few streets apart.

And I chose to buy the quad out for a couple of reasons 1. 

Spending a couple of hundred dollars can reveal major issues.