@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.

Typically, a Subway will go for 3.25x EBITDA.

Quote from @Scott Trench: @Scott Johnson we typically don't delete forum posts, and I don't see a reason to make an exception here. 

I dedicated three months to remodeling the interior myself, transforming the space with a vibrant Retro Tiki vibe featuring splashes of color and creative design.

Unless you find a buyer with a very specific criteria who is willing to pay above the typical 70% - repairs.

This requires 10% down and you typically just have to live in the property for 14 days out of the year.

@Thomas FarrellRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Shared Risk and Reward: The Foundation of JV Partnerships- The typical risk and reward structure in JVs: - Investors contribute expertise, time, and sometimes capital. - Private lenders provide funding and may share in the profits. - Both parties share the risks, including market fluctuations, project delays, or unexpected costs. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.

Which insurance providers or claims adjusters typically handle displacement housing arrangements?

Also DSCR typically has pre payment penalty while hard money does not.