Focus on fundamentals: buy below market value, have strong cash flow (or a clear path to creating it), and maintain sufficient reserves to weather any unexpected challenges.If you’re strategic and stay patient, this market could create opportunities that lay the groundwork for long-term success.

@Jaycee Greene I appreciate the info and clearing that up for me!

Obviously this person would naturally have more %Regardless of what structure you guys decide on make sure it is clearly defined!

Clear your head and decide what’s your “why” from this point on in life.

For the first time in years I’ve noticed many of the larger apartment complexes even offering the first month free to fill vacant units, so it’s clear that demand is down.

I know your company offers a neighborhood ranking of A through D in Detroit, but it should be pretty clear just by taking an afternoon drive through the 'hoods, right?

It was a subsequent post in response to my question that OP made clear it was because the state required deposits to be held separate.  

This property would be for my in-laws to purchase and move into, but I'd ideally dovetail any success into finding investment properties as well.So far, I've driven around the neighborhoods my in-laws would ideally purchase and jotted down the addresses of the homes that clearly need some TLC.

I have seen a number of cases locally where a party clearly did something illegal like this whether it be a landlord tenant or someone hiring a contractor.

Your specialist must find a reliable source for the estimated cost and clearly document the source within the case study.