no debt? 

My own home has no closets.

However, its downfall (and what makes it so easy) is that it is a single-entry system.This means there are no checks and balances to ensure all transactions are entered correctly.

What about closing costs, rent ready costs, lease-up costs?

Those costs are a lot higher than you might expect.

Quote from @Stuart Udis: No pot shots as you say are being thrown at anyone. 

Sorry what are comps I'm no expert but from what I've learned, comps are the prices other properties in your area have gone for.

Quote from @Devin James: We're actively looking at new building plans for future buildsHere some things we're considering while balancing design, cost, and functionality.1) Cost to build – Simple rooflines, efficient use of space, and minimal wasted square footage.2) Functionality – Does the layout actually make sense for how people live?

Aside from downpayment, you want to have a solid emergency fund in place, something that can cover unexpected repairs, vacancies, or any other random costs that pop up.I’d also recommend saving more than you think you'll need and keeping a close eye on your expenses.

•Mix of Strategies – While it’s known for cash flow, Detroit also has neighborhoods where long-term appreciation is playing out.It’s not a perfect market (no market is), but it definitely deserves a look if you’re open to expanding your list.