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.

If you are early in your career (would understand not having a lot saved early on) you should let your current job run for 8-10 years and save as much as you can (as painful as it may be, but remember building wealth isn’t easy either or everyone would be wealthy). 

It doesn't make sense to you because you still don't understand the strategy.

@John Cooper I can understand your frustration.

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

You have to be honest with yourself, understand the risks and assess if you can afford the negative cash flow.

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.DM us if you’d like to discuss this logical approach in greater detail!

Did you speak with them prior to purchase to understand their process?

I can understand security deposit assistance for certain markets.

It's difficult to understand your question.