Become an expert on co living - guys last name is Wegert but he has been on BP.  

The other big part of this is that currently there's no great way to get to the stadium besides by car on I 95 if you're coming from the suburbs or by 76 which both get extremely backed up.With the stadium beating at this location people from the suburbs can hop on to their local train station and get right into the Jefferson Station right at the proposed stadium location.

Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.

You probably don't want to invest in someone's first deal unless you know them extremely well, so make sure you ask about the management team's track record of doing deals together. 

Hi Petya, DSCR loans are extremely polular with investors in the Detroit market.

I am not a credit expert.. just know how tough construction loans are .. so with zero experience and missed mortgage payments I suspect u will not find a lender that will do a loan for you. 

We do plan to meet with a legal expert but just wanted to sort of understand what we should be doing in general.  

And the 30% ratio does not work well in extremely low income area, you need to assess closer to 20 or 25% of income. 

That is extreme.

I’m frustrated and getting mixed suggestions from family/friends who think they are experts with no skin in the game.