I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.

Hard to get multifamily for 250k, but I know they are out there.

Happy to share them with you if you're interested.

You need to register, but there is no inspection in KCMO unless the tenant complains. 

The answer to this will come down to comfort level, funds available, and strategy you are looking to implement. 

@Kash Tacke legally, you would need architect drawings to get approval from Detroit Zoning Board.

mortgage How did you add value to the deal?

I really would hammer home how your company is local, knows the market, and goes above and beyond to earn 5-star reviews.  

Bank Financing How did you add value to the deal?

We have a buyer for the property and now it has been discovered that the corporation paperwork was submitted to the state as a charitable contribution even though we are listed as a not for profit organization and have been listed this way for well over 40 years.