Every Market (Detroit) is made up of a series of Micro-markets (neighborhoods) of which they are all different in cost, value, cash flow, rents, etc...

There is a difference between delivering a baby and being pregnant.The doctor delivers the baby.

For example:Let's say current rent is $1,000/monthMarket rent is $1,100/monthCost of turnover between renovations and VACANCY: $3,000.So it would take over 3 years to make up the difference.

Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

Yes it's here https://sharon-butler.mylearnworlds.com/courses May want to check if there is a difference in the GA test 

You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?

Every Market (Detroit) has a series of Micro-markets (neighborhoods) of which they are all different in cost, value, cash flow, rents, etc... 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Having lived there a year it is a foreign country and many things are different and culture etc plus you have the native peoples that own huge amounts of real estate and They dont pay income tax and they get food and gas for way cheaper etc etc..

If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.