Honestly your approach may be a bit rough around the edges, but actually getting out there and trying to find deals through grit and hard work is the best way to start.

This leads me back to my mother, as she approaches her end years, I hate to think about this, but she wants to leave my sister and I one of the houses I mentioned earlier.

Having a healthy fear going into any deal can keep your sense sharp to avoid potential pitfalls. 

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

Quote from @Sean Barnebey: This is an interesting opportunity, and it sounds like you’re approaching it wisely by considering the numbers carefully.

Don’t forget to plan for the future, maintain a healthy work-life balance, and celebrate small wins along the way—it’s all part of the journey!

I think the safest approach would be offering the package at a certain price and excluding the alcohol.

Our negotiation approach focused on building rapport with the seller, allowing us to secure the property below market value.

Be professional, but also authentic and approachable.

My idea to achieve this is to convert the studio into a short-term rental.I’m trying to determine if I’m forcing this deal to work by relying on the short-term rental strategy or if it’s a reasonable approach given the numbers.