Are you saying that because of this unit, the building might not be able to be refinanced?

Let's connect.This is a new one so still building, but I've had meetups and they are really good to learn and network.

-Build a strong network in Detroit of real humans over a period of months, buy a better deal, hold it for 10+ years, weather early storms:  better chance for success.Even on that latter deal though, are you going to cash flow in month 1 or year 1 or even year 5? 

What a great start to building wealth!

Ive been told to build a huge buyers list to just get it under contract and market it.

It’s inspiring that you’re both already running your own businesses—it sounds like you have a great foundation to build on!

.- PM is contractually obligated to perform annual maintenance/inspection to keep property in top shape. - PM provides a cash based accounting report every month, for every unit under management, that clearly labels all rent, all expenses, including management fees, and the net directly ties to the amount of money deposited into my bank account.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

Building located in neighborhood I had been interested in from the beginning of investing career.

Buy a lot and build a house for sale in 2026.

Build with steel.