I like the location and the price is 650kFor mixed use properties as you describe (and I'd assume is located on SW 10th St.), I'd recommend that the residential units fully cash flow the loan as my experience is that mixed use properties are tougher to finance as most lenders tend to prefer one or the other and something in the middle gets more difficult.For example, and granted I don't know anything about the area/neighborhood, I would expect this property (https://www.realtor.com/realestateandhomes-detail/111-NW-Har...) to be easier to finance than the mixed-use property you mentioned. 

Depending on local regulations, you can mix up STR/MTR/LTR. 2) Get systems in place in those exact cities; 2 PMs preferably via NARPM, 2 high quality inspectors, and rotating book of handyman, 1 lawyer, and a credit union contact for leverage along with investor friendly nationwide lenders.

Detroit has a mix of affordability and strong rental demand, with properties under $200k that can cash flow if approached correctly.

Not only do some landlords allow their personal and political ideology to be in the mix, but many do not understand how to manage this population.

**Mixed Feelings**: I do have mixed feelings about the program overall.

Many are zoned as mixed use communities.

For commercial buildings, be very specific - price range, $/door max, unit count, unit mix, part of town.

There is definitely opportunities to not go all-in for any one investment strategy, I would encourage a mix of strategies.

There’s a big difference between an area that attracts stable tenants and one where you’ll be chasing rent every month.Personally, I’ve built a 12-door portfolio here, and it’s been a mix of cash flow and appreciation.

A few things I’d suggest as a local investor:Know Your Markets: New England is a mix of urban, suburban, and rural areas with very different dynamics.