About 6 months into the lease, he thinks he smells smoke and climbs in the attic and searches for 3 hours for "hot spots" using a thermal imaging camera (keep in mind he is the town fire marshall),  finally after not finding any hot spots in the attic he goes to the back yard and discovers the neighbor is BBQing.  

In this industry you have to always be learning.

This will help us enhance our investment ventures and gain more knowledge about the industry.

It is my humble opinion that the legislator who wrote the law (he represents tenants exclusively), was building a business for himself and trying to create an industry for attorney's to represent tenants.

If I'm in your shoes I would checkout any local RE meetups happening nearby, that would be a great spot to meet some other folks in your shoes and/or other lenders who might be able to give their perspective if it makes sense to pull out money from your home rn or not. 

Side hustles, or gig work in the real estate industry can also be a way to earn money for a down payment for your next property. 

To @Bryant Brislin point as well - you probably don't want to start anything without first confirming that this spot would be feasible for a national chain, or at least a local chain/restaurant that would be interested in the space. 

It tends to be the sweet spot in Detroit today because it offers the best risk-adjusted cash flow.

I manage large commercial and industrial properties now for my employer, I am a facilities manager for a large utility company in my area.  

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.