My father took out a $320K home equity line of credit (HELOC) to invest with my brother and I.

My wife and I own a single-family home in a top school district.

I built my 12-door portfolio there in just 2.5 years using BRRRR, and while it’s not as easy as it was a few years ago, it’s still one of the few markets where BRRRR actually works.A few reasons why Detroit makes sense:•Affordability – You can still buy solid properties with cash under $100k in the right areas.

My team and I are actively working on a hotel-to-multifamily conversion and growing our portfolio of value-add apartment properties.

Property tax and Form 1098 is sent to individual and paid using my LLC account. 

In my opinion, both have their pros and cons and neither is 100% superior to the other.

Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

My experience has been overwhelmingly positive, but—like any market—it depends on your approach, risk tolerance, and the team you have in place.Detroit is unique.

My name is Christian and I am new to real estate investing and BiggerPockets.

As @Ke Nan Wang said you have to hire an architect to make these decisions for you.On my projects I will compile like 5-10 inspiration photos based on projects I've done in the past, comps, and photos I find online, then I'll present those to the draftsman/architect.