This is an affluent neighborhood with a lot of nice large, older homes. 

.- Due to my position on the board for the condo association, I am aware of long-term large projects that the association intends to embark on.

Large syndication company, higher fees than most other syndicators.

You just added another crumb of information which can mean anything

Large tree in back is dead .

Do you understand the added complexity, work involved, and costs? 

I also have a close friend who only deals in large apartment complexes.

We're not aware of anyone that's made a purchase from them work in over 3 years:(Most of the incentives in Detroit are targeted to owners that will live in their home or developers targeting large projects.

Adding $125 - $166 per door boosting overall property value.

This would include adding another bedroom and making it a full 2 bath.