There are other ways to legally raise capital, however, they have some inherent disadvantages making them considerably less desirable for what you’re trying to do.   

It's clear there are many paths to success in this market, and I hope our larger-scale project can find a way to contribute to Detroit's growth as well.Thank you for your time and consideration.

Once you do that get several bids...bids will vary considerably.  

Zach called me and told me they were changing my loan because they were going to consider my loan a “new construction” as oppose to an existing structure rehab or even complex rehab (considerations I’ve experience with other lenders).

Markets have increased considerably over the past 4 years and most of my buildings have also increased in value by about $300,000.

Replacement homes will be climate hardened, smaller, functional and include consideration for the type of infrastructure, architecture and sustainable/durable materials utilized. 

Quote from @Itay Heled: I have a sfh rental in Maple Heights Ohio. 4bdr 1 bath.

Every property up for consideration gets a visit.

These are all important considerations, and understanding the requirements can save a lot of headaches down the road.

Ask the builder or their legal representative for a copy of the CC&Rs (Covenants, Conditions, and Restrictions) or any supplemental documents specific to the development.Financing Considerations: If you’re financing the property, some loan types have limitations on renting out a home within the first year.