Curious...have you already identified a specific neighborhood in Findlay where you see the most potential, or are you still exploring the entire city?

Recommend having an attorney review it to confirm.If the PMA has legally expired, then the PMC is in the wrong - although they may still have claims for covering the legal expenses.

Do not rely on it for legal advice.

These penalties include:Five years in prisonUp to $500,000 in finesEquity Skimming may also result in Conspiracy charges, specifically conspiracy to commit bank fraud and false statements to influence a financial institution.

@Kash Tacke legally, you would need architect drawings to get approval from Detroit Zoning Board.

You have to factor in demand and vacancy rates to determine if it will be more profitable, and that’s specific for each market.

Similar areas that have legal under utilized permitted space convert to max studios that you can fit.  

Connecting with other local investors can help you learn the ropes faster and avoid common pitfalls.If you have any specific questions—whether it’s about neighborhoods, property types, or what to expect—I’d be happy to help.

On June 7th, we sent an itemized list of deductions via text; he responded on June 8th, disagreeing and threatening legal action.

Usually, by the second month, you are figuring out how to evict.Sometimes we have a specific unit that has been on the market a long time.