That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.

It takes a certain level of QB knowledge to set it up correctly.

The real estate agents who are knowledgeable and doing a lot of deals each month will be the ones who can get you these accurate numbers.

GC in my area cost 10% of the total and I would say that is worth it for what they provide, but if you have the knowledge and willingness to be on the phone with subs (and spend a lot of time on site) you could save that by DIYing it.

Nothing but "pump you up" mindless enthusiasm with nothing showing they have any semblance of knowledge. 

The lesson to me is jurisdictions can make the permit process to be painful, requiring tribal knowledge.

This forum is pretty open and people often share their knowledge and best practices, hence don't hesitate to ask any questions you want :) Good luck with your business!

You will never have perfect knowledge.

.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

As you embark on this adventure, it's important to equip yourself with knowledge and a solid strategy.