Challenges?

I suspect that you'll have better luck with a local bank or private money, though it likely will still be challenging. 

Very challenging if not impossible to make lot ratios work if the existing property isn't conducive. 

Quote from @Jeffrey Hill: There are a couple of challenges with financing the difference. 1) The current servicer has to approve it. 2) Finding a lender to do a 2nd mortgage at 100% CLTV is almost impossible.

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

Challenges?

Also would love answer to the following: - Are there any specific challenges or advantages you experienced compared to a JV structure?

What I'm looking for: Other women going through similar challenges so that we can share our successes and our failures and lift each other up.

It seems to be a pretty natural evolution for many investors.

I think Natural Gas dryers have 110V outlets but electric only dryers are 220V w/30 Amp breakers, if I'm remembering correctly.