This post reflects my personal experiences and opinions, so always do your own research before making any final decisions.

I'll stop there, because 50 is a nice round number, but only a fraction of the number of questions/decisions you have to make before and during your construction. 

PPSF quoting will not give you the true info you need to make an educated decision.

Please stop asking us for "the best" zip codes to invest in.Detroit has around 183 Residential Neighborhoods - wouldn't it be nice if "some property mangagement company" Classified them all as A, B, C, or D on an interactive map that real estate investors could use to make better decisions?

I would like to interject, while data drives decisions, one of the first things I'm looking at is the location and surrounding area. 

Hello @Ryan Johnston,The decision to keep or sell a property isn't just about its current performance.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

I don't have a project lined up currently, as I think the project targets vary greatly on the result of this decision since there is so much equity in the condo.

Additionally, if he’s legally and financially tied to the property, it might limit his flexibility if he wants to make major life changes, like moving or starting his own investment ventures.Ultimately, the decision depends on how involved you want him to be in the financial side of the property and how much risk he’s willing to take. 

A lot depends on an individuals motivation, dedication, learning capacity, decision making capacity, analytical ability, time available, support system, mental state, and yes, luck.