You can carve into the details a bit more with a specific broker and products.

Specific technical issue that triggered this post.

In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.

However, you have to invest in specific communities where they are encouraging development.

Specifically interested in the Detroit area as well.  

And I don’t mean something like saying you want to invest in New York City, I mean an expert on specific neighborhoods you have chosen for a specific reason.

FBI: Foreclosure Rescue FraudThese con artists convince desperate homeowners that they can save a house from foreclosure if the homeowner deeds the property to them and pays an exorbitant fee up front.https://www.fbi.gov/video-repository/newss-foreclosure-rescu...18 U.S.C. §§ 1014, 1343, 1344, 1349, 1961, 1963 (2024).18 U.S.

Some insurance companies offer policies specifically designed for owner-occupied multifamily properties, so it’s worth asking about that option.The key is ensuring both your personal residence and the rental unit are adequately covered.

Midtown refers to a specific area and it's quite desirable. 1/1 MTRs would do well here IMO.

So, you go over budget FAST.So, your Scope of Work (SOW) MUST be very specific as Mr Perez learned when contractor didn't put in new outlets.To "perfect" your SOW, suggest you walk the property with 3 contractors and ask them what needs to be done.