The link is here for thse who are interested: https://www.insurancejournal.com/news/southeast/2024/02/14/7....

Existing tenants should mean the property is already cash flowing which is good news. 

Also the nature of the current "access" -- whether it has been hostile or permissive.The good news is the title insurance carrier has allowed the claim and will likely pursue an agreement with the necessary property owners OR fight the legal battle if necessary.

There is good news and bad news: good news is that there is a stepped-up basis as of the date of the gift of 50 percent of the gift date fair market value of the property as far as you are concerned for capital gains purposes.

@Ashni Modi here's just a few of the major investments happening in Detroit$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute

But that doesn't mean anything to me, because I am not planning to run commercials on CNN/MSNBC/Fox News at 8 PM.

. 😊 Today We’re Talkin:- The Weekly 3 - News, Data and Education.- Good News to Report!

The good news is that the tenant is unlikely to take you to court if you have clean documentation of the damages and work necessary.The time required to research and order a replacement remote?

Keep up with news on the local economy and meet other investors to gain more know-how. 

I know I'm still pretty news to Real Estate world so this is just the plan for my family in the next 3 years, we definitely moving to TX.Thank you everyone.