Good art is expensive.  

This could involve a right of first refusal for the other party, buyout terms, and a method for determining the sale price.Rental and Use: Define the rules for renting out the property or parts of it, including how income and expenses will be divided.

That way, the flights be considered a business expense?

Basing estimates of rents and expenses based on my existing knowledge of local markets.

The government saw the housing bubble and changed guidlines with fannie and freddie to make the 10 down / 2nd home loan product very expensive (about 4 points to close).

Your cash flow calculation is missing vacancy, maintenance costs, and capital expenses.

I would not recommend facebook ads, they are expensive and have very low efficiency. 

Direct Mail is expensive, time-consuming, and doesn't have a high conversion rate based on the amount of money I'm spending as well as the amount of time I am spending sitting on Property Radar hunting for the leads. 

If I had to choose, I would always prefer cold calling over texting for this approach.The two best strategies I’ve found are inbound methods: direct mail and Google Ads.Direct mail can be expensive, but it can also yield highly discounted properties.Google Ads, on the other hand, doesn’t require data extraction like calls, direct mail, or texting.

You can also focus on trendy areas like Ohio City, Tremont, or Detroit-Shoreway, where people want to be.When it comes to the property itself, you don’t need anything huge, and you don’t need to go overboard with the layout or expensive design.