Homes are affordable and we're seeing homebuyers enter the market with a lot of assistance available from the city.I’ve been investing in Detroit since 2019 while living in California and own 12 doors.

The benefit to these is you get your foot into the door without a ton of capital and as time goes you can move out and cashflow on the property.

., a boarded-up rowhouse across the street from an elementary school in Parkside.About a year before DDH Fund bought that house in September 2016, street-level images on the city’s Atlas property-data website show that its windows and doors had been intact.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The contractor I hired finished the Foundation work in 4 weeks and tenant started reporting damages, thefts to items in Garage which contractor denied.

The three single car garage spaces are vacant and not durrently being utilized and can be monetized through rent.

But anyone who books that is either going to pay next to nothing to be 25 minutes from all the stuff to do, OR, they will book it for the amenities and probably plan to stay in.Probably 90% of my guests in nashville have booked for location.

We are in a safe community, so tenants can choose to leave the door unlocked or hide a key under the mat.

Keep in mind, dollar stores are notorious for vacating and moving in a new building across the street or next door.

For context, I don’t have a stake in whether people do or don’t buy IULs—I just want to get to the truth.