It is in a northern MI Downtown area (opp zone) in a county seat with 2 hospitals, had it re-zoned to mixed use, and is considered blighted which makes it eligible for MEDC funding of up to 50% of project cost.It is 8k sqft (4,000 each level) with the lower level being a walkout (top level is street level with sloped drive down to the rear of the building).

You could easily buy land that is zoned for multi-family and find a lot where you could build 4-8 townhomes.

My mentors (both successful investors) swear by building strong relationships often saying  "It's all about who you know,".

The office space added represents a saving of $2500 a month I was going to pay in a lease for an offsite building for my expanding team and staff.

LTR is stable, slow, and risk is low but potentially not as much cash (right away).Comes down to what goals you have and your risk threshhold - I have friends in CO springs who do STR and MTR, and works out great - but also have folks who LTR in that area and it pays for them self and it a great way to save money in places like taxes and build equity.  

No, none of my contractors were labeled/considered to be corporations.

In addition to my real estate expertise, I’ve spent years building and collaborating with property management companies.

I ended up buying a SFH home on a nice-sized lot and I am building an ADU on the property.

Hi, I am less than 10 years away from my retirement and I would like to build up my passive income to real estate to ensure that I have a steady stream of income after retirement.

As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies.