And I think this is where the Midwest starts to stand out from red-haired step child of past decades to looking pretty good now.

For example: A 10 wide x 20 deep x 8 tall unit, with studs, roll up door and doorjambs; is really 9 wide x 19 ft 6 inch deep x 7 ½ foot tall.

Learned how to dig deep and just keep pushing forward till the job is done Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

He had a HUGE red flag warning and just kept motoring on and now is acting shocked the tenant continued to screw him over

@Kevin LeeYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $310,000

Cash invested: $350,000

This was a full rehab 6 unit multifamily building.

Our firm did everything ...

Within the IRS technical audit guide they specifically highlight being several hundred miles away from the property as a potential red flag. 

Are there any red flags I should be aware of, such as the vacancy expense or NNN costs?

Unless you have deep experience selling your own properties, there are many details and legalities that can cause you tens of thousands of dollars if not done correctly or if they are overlooked.

I have some land on the bottom of a mountain and the neighbors wells are only 200 ft deep, not on critical slope and it use to be farm ground with no rock to hammer for foundation/septic so when I eventually build there my costs will be greatly reduced and $130 to $180 a sq ft build cost could be realistic outside the cost of the land.