In 1950 a law was passed that the City of Detroit could not expand its borders like other cities have done. 

The economy is rapidly growing so we see both cash flow and appreciation potential here.

We are expanding our investment horizons into a real estate property.

If they would open it up to dealing directly with the bankers, the speed of the recovery would pick up steam very rapidly.

Now we are looking at expanding and will need bank financing to do it. 

There are additional acres to expand on.How did you find this deal and how did you negotiate it?

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

And saw an opportunity in the Grand Rapids MI market.Property 1 - BRRR 100% in single family home that is being rented out with a COC return of 12%...

Ben,As others have said you are in a good position to start using that equity to make it easer to expand your portfolio and increase your wealth.  

Also, you have brands like Radio Shack and Dress Barn in your portfolio which are not necessarily expanding brands.