Will give a better full picture.

Hey Muhammad, I'm going to be voting for Detroit every time here.You have low entry price points, a city that's undergoing major revitalization, positive cash flow, strong appreciation, and population growth for the first time in nearly 70 years.Detroit prices have doubled in the last five years and the momentum is just getting started in my opinion.I invest there and help others do the same.

NEW TENANT GIFTSHere's what we give new tenants.....Cleaning Bucket with Cleaning Supplies:white vinegar, baking soda, awesome degreaser, disinfectant wipes, carpet spot cleaner, magic eraser, all purpose cleaner, scrub sponge.Tote Bag with Useful Items and Tools:hand soap, paper towels, plastic garbage bags, toilet paper, toilet plunger, Zip-It (strip for clearing hair clogs from drains), plastic clothes hangers (6), shower curtain liner (good quality cloth one), laundry detergent, dish soap/dish detergent, cutting board, "Freeze the Grease, Save the Drain" kit, “Recycle” bag for collecting materials for recyling, magnet with our name and contact information, picture hangers.Refreshments In the Fridge (for move-in day): several bottles of water, healthy snacks, bottle of sparking cider with a welcome note attached.Larger items: Welcome mat, shoe tray.

You would have to double close or sell your rights to the LLC.

Double bottoms, W recovery, dollar going to 0, blah blah blah. 

.- operator has built and filled a similar development nearby- You can find pictures and numbers on some of the buildings they have built and are building here (https://lnkd.in/gfbdvtnf).- You can find a profit calculator spreadsheet here (https://lnkd.in/g-2m_vZA).

But we would need to look at the total picture to make sure that's even an option.

I've gotten professional pictures, drone, Matterport, and multiple walk-through videos circulating.

Obviously there is no guarantee but if someone with a high level of success and experience was willing to do all that, it is likely a go.Yes it is true there is seasonality in hospitality but with proper budgeting you will be fine.For estimates I personally use AirDNA (Paid version) and then double check it using enemy method.

Picture below is what it looked like when built in 1896.