I want to help my son get off to a great start but I am also concerned what cosigning will do to my debt to ratio and I have been circling real estate investing for the last few years, ready to take a shot now.

@Adam Ramsey -Here is a map of District 24 which I believe includes more than the 4th ward, but generally outlines the area where you would need to start being concerned with the type of tenants the property would bring in, or be concerned about housing appreciation because of the surrounding area.

A low price would be important but not too low (so that it raises buyer concerns) and ideally a brand that is well known and liked by MH buyers. 

What are the red flags and concerns?

I‘m also concerned that the boyfriend and girlfriend may break up and one moves out.

I am currently marketing the office space but am concerned that the 3 residential units make it unappealing to serious potential commercial tenants.

(if I refi and pull out the equity it makes the CoC negative for the next 3-5 yrs)1031 option: sounds good, but I am concerned about finding the right property in the timeframe and my inexperience with this  creates risk.

Quote from @Erica Calella: I could see why you are concerned here, but if I was in your shoes, I'd try hold out as long as possible before jumping ship. 

If you have any questions or concerns about the Detroit market please feel free to chat with me.

Originally posted by @Jay Hinrichs:@Bruce Petersen   @Mindy Jensen  Mindy I think Bruce would be excellent at this time.. as so many are concerned or wondering if Multi is just too frothy right now.. it would be a bet a nice show for your audience to be able to hear his thoughts on the current market and trends.