This isn't going to go well unless the house you bought is in one of the A-grade suburbs.

Agreed with @Theresa HarrisGet a contractor recommendation (or multiple) from your friend and reach out to GCs yourself to have a couple of quotes and ideas for the renovation project.During the walkthroughs, you can pick the contractor's brain regarding pricing on different material grades, efficient layout ideas, etc.

A DST is a hands-off, institutional grade real estate investment (apartments, self storage, commercial, medical office, etc), that allows the investor the option to diversify into multiple markets and industries around the country.

The vanity in my own bath is a higher grade cab with thermofoil, and the doors looks great but the painted cabinets are yellowed.

If you go to Cleveland give The Ultimate Guide to Grading Cleveland Neighborhoods a read first.

Anything that is almost guaranteed to be used daily in your rentals (i.e. couches, bed, chairs), I'd try to invest in as much quality as you can for those specific items.Some store sites will let you filter for "contract grade" or "commercial grade" items - these are the sorts of furnishing that get put into higher-use commercial applications such as hotel lobbies, apartment building amenity spaces, etc. 

A lot of the MHP on the west coast would be what we call institutional grade investments.

I'm looking to develop contractor garages, but ideally those would be slab on grade, so I couldn't do that everywhere without a lot of site costs.I'm new to this space, and looking to also get an idea of developing over fill and what that process looks like.

I'm new here, just researching detroit, looking for a neighborhood grade map, and I just so happen to come across this thread, and your comment solidifed the reason why I want to be a part of this community and in particular, helping the single Mommys out there that will cherish the opportunity thru section-8. 

There are a lot of townhomes being built in this area, which is a thought of developing those on one section of the land, and contractor garages separately where they could be slab on grade and more flat area.Thanks,