Quote from @Jay Hinrichs: Quote from @Bruce Lynn: @Jay Hinrichs      But I do understand the OP points and I think that folks just really dont understand the work and risk involved in ANY rental property short of NNN leases with super strong companies Exactly. 

It's difficult to understand your question.

The key will be to remain flexible, understand the local market dynamics, and position themselves to take advantage of the eventual boom when the project comes to life in 2025.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

For the most part, I think I understand the basic idea of a 1031 Exchange.

my understanding is partial payment starts the process all over again.

None wanted to give me at least an estimate without architectural drawings, which I guess is understandable.

If that is so, it behooves you to understand how much that fee is and when it becomes due.

I'm hoping this forum can help me understand what my alternatives are.