I don't want to name the REIT we dislike, but if you want to talk more about this offline shoot me a DM.As far as investor profile, it really comes down to someone's individual circumstances and what they're trying to achieve. 

Jaybe if you had a few units this can be achieved

The key to success is understanding the nuances of the market—different neighborhoods perform very differently, and having a strong team on the ground is essential.If you’re interested, I’m happy to share some resources on investing in Detroit and what makes it work for BRRRR.

Wishing you great success in your journey.

I’ve personally seen a lot of successful house hackers in the Metro Detroit area.

With your background in real estate and property management, you’ve got a strong foundation for success in fix-and-flips and buy-and-holds.

I've had great success investing in Pensacola, FL.

Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.

It’s one of the few places where you can realistically achieve solid returns without needing a massive upfront investment.If you’re open to exploring other markets, Detroit might be worth considering.

They took a long time to respond to emails.As you embark on or continue your business buying journey in the new year, I know you are going to see more opportunities come your way and experience more success if you can remember this lesson.Between 1981 and 1999 I purchased 8 businesses, while also being a part time real estate investor.