Building something unique is a great idea, but it can get expensive, especially with limited funds for a future construction loan.

We opted for option 3 for the safest bet in a stagnating market and tight funds.

I am betting that there aren't that many STRs that offer a setup like that in your area. 

Chicago won't let you do an airbnb unless its "owner occuped" or 1 unit in a 5+ owned building so the supply is heavily limited.

- Can foreign STR losses still offset W-2 income, or are there limitations I should be aware of?

I am an Limited partner of 5 Apartment syndications.

While this option is the most accurate land valuation approach and least likely to be challenged by the IRS, it is also the most costly and can require several weeks to complete the process.Limited-scope land appraisal: A limited-scope land appraisal can be completed by a real estate professional who provides an analysis of sales comparisons or other limited metrics.

Cash-Out Limits: How much equity can you access?

Mostly being that when it comes time to sell I am not limited to selling to other investors looking for underpriced properties.

Hi Priyanka,When you say C+/B- for cashflow in the City of Detroit you should know that there is a relatively limited opportunity for this.