If the market slows down even just a little...catches a tiny little cold...you will lose all your money and the lender will likely take a loss also.I ran a distressed debt fund for 5 years, DO Income Fund, and we had hard limits when buying distressed debt.

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!

Best uses: Large estate with mother in law homeSmall development with 1/2 acre luxury homesTiny home communityOffice spaces made up of tiny home officesSmall retirement communityRestaurantsFlex warehouseCommercialThe property has approx 40' of Wilmeth Rd frontage.

I expect that we will experience another period of extremely low interest rates due to Govt intervention in economic crisis to prop rates. 

That full bath #2 is tiny and I can't stop looking at it... seems like a closet.

@Travis Timmons Extremely valid points there as you have a pulse on what that demographic may want.

This is extremely helpful.

Every market is also extremely different from the next, so there's no one-size fits all approach.

Screening right and extreme due diligence is always essential.

I had a neighbor who was extremely messy, and she couldn't ruin her granite either.