After that, if issue is addressed but ground floor tenants keep complaining - remind them that common noises are expected when living in an apartment. 

So, if $100/sq.ft is the starting point, they might use $35-50 for the adjustment for the ground floor.

@Celine Besson there will be several challenges:1) Finding a Grate Property Management Company. - See our copy & paste advice at the bottom of this response.2) Managing the Renovation- Everyone thinks a PMC can easily do this. 

Licensed in both Hawaii and Vermont at the moment, navigating acquisitions and depositions by collaborating the directions of my client with grounded professional understanding. 

Sadly, the place burned to the ground back in 2016.

If your medical condition qualifies as a disability and your current living situation isn't suitable, you might have grounds to break your lease without penalty.'

Gotta work on that reading comprehension, Drew.The second and third sentences of my post are literally:"I lived in Detroit for 5 years before moving out of state, and during that time, I built a strong network of contractors, handymen, and other boots-on-the-ground contacts.

These are all upfront soft costs before you break ground. $300sqft to build at least.If you have any sort of mortgage on the property you will need an attorney to handle the mountain of paperwork the bank will give you for a lien release. 10k+, also probably some nightmare terms to have to build and sell immediately and god knows what.At this point a year has passed and you have spent at least $60,000 cash, you're about to break ground on a structure that will cost you at the very least $400,000 to build, you are still 1 year away from cashing out because you have to now build a house.

The key to success is understanding the nuances of the market—different neighborhoods perform very differently, and having a strong team on the ground is essential.If you’re interested, I’m happy to share some resources on investing in Detroit and what makes it work for BRRRR.

Off grid ground mount solar, battery generator, propane n septic.