I used to use the method for years as a Florida Private Banker for wealthier clients that were susceptible to law suits and could relatively easily pay off the line.

A Boston-area guy with two evictions and two pitbulls is not going to find another place to rent easily, and he knows it.

Because later, you can easily use it as your mailing list!

But they easily refunded all of my money without the slightest hassle. 

You will need to factor in rehab costs, which could easily eat up another $50-75k depending on the condition.

Cheers, it's ballpark like algebra.You can't easily solve this:a + b + c + d + e = fBut you can easily solve this:44 + b + 23 + 13 + 48 = 155And, once you have solved that, you will likely be able to solve one with 2 unknowns, and work from there.

You could easily get 75-80% LTC on the cabin build meaning you'd need about $200,000-$250,000 CASH, to complete the project.Take 200k out of the FL house, build, rent, refi & payoff the FL property again would be my best bet about going about it.

You could easily buy land that is zoned for multi-family and find a lot where you could build 4-8 townhomes.

Is there any way to easily find out what areas around detroit are what class?

There seems to be a bit of hostility here from the contractors, and this was really just a question so I could better understand and more easily work with contractors.This question was for a first-time encounter with a new contractor not recommended to me by anyone I know.I am happy to give weekly checks for progress, purchase all materials upfront including all the fittings, nails, caulk, and whatever else the contractor chooses.