And, just maybe you’ve purchased at a point where Detroit has hit its low, bottomed out, and is set to reverse trend and grow.  

That cost segregation study wasn't just about accelerated depreciation - it was setting you up for strategic wins years down the road.Next time your CPA mentions §1245 ordinary income, don't sweat it.

.: Two things to consider: factoring in risk and opportunity cost. 

We have investors group set up.

Definitely some ideas in there I did not consider and will look into.

If someone considers this I would ask:1.

Being a NYC resident (originally from Long Island), the price of entry in the area is on the higher end, so I've been considering some options in the NY Capitol region, as well as NJ and CT.

If there are newer multifamily properties near you (or properly renovated), definitely something to consider! 

In addition to your down payment, plan for closing costs (around 2-5% of the purchase price) and set aside at least 3-6 months of expenses for repairs, maintenance, and vacancies.

Not sure if they would consider that private information or not.