AprilApril: Extremely bummed, almost didn't want to get out of bed.

We have reached out to the city and they have provided some information about grants but that seems extremely complex without much chance for success as we would be first timers.My question is what options are out there to help with this situation.

Insurers have become extremely conservative over the last year.

Values can change dramatically within tiny distances in a city.

Based on not having water, roads, etc. you could still do a tiny home or RV space there if you put in electrical hookups and a septic tank.

(FYI maybe ya wanna read Global Finance magazine as Luxembourg was rated #1 richest country in the world 2024, give ya 2 guesses how that is as there's no oil, no ocean, land-locked tiny nation middle of Europe.....)....

It's extremely rare for a lawsuit to happen at all.

Really appreciate all of the insight and information.It's obvious from your post that student housing is an extremely high-touch business, but one that you have mastered - timing in marketing, expectation setting with kids, quarterly check-ins, the list goes on.So my question is, as an out of state investor considering investing in the same type of space, how would you characterize other property management companies ability to successfully run a business like this? 

I'll chime in on the multi-family investing in Brooklyn, NYC.A tiny bit about myself.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!