I have never built anything, only purchased already built properties and I need some advice.Thanks!

I just bought a $400k STR and the break even point with 25% down is $54k with a 2% sinking fund and 3% maintenance built in. 

Price range seems to be so fluid from what I'm seeing - as I'm sure you well know this but a home in one town might be $20,000/$30,000 variation in another.

I’ve built a 12-door portfolio here since 2019, and it’s been one of the best decisions I’ve made in real estate.If you’d like to dive deeper into Detroit-specific strategies or need some pointers on how to get started, feel free to reach out!

@Jorge Abreu You're absolutely right—success in real estate (or any venture) is built on mindset, systems, and resilience.

The Buffalo project mentioned by Jeff has been substantially delayed but is very likely to get built and perform.

Of course just make sure to check with the town zoning laws on ADU's etc. 

I am wondering if prefab or stick built would be the way to go.

He told me that he owned a couple large mobile home parks in town and that's what started everything for me.

Quote from @Gaetano Citera: I would look at what has sold for Prefab verse stick built..