I currently am a silent investor in a few restaurants and working as a Locksmith as my day job.For the past year, I’ve been reading, listening and absorbing anything and eveything about real estate.

State real estate commissions would have shut it down by now.The biggest problem is the fact that they do, in fact, do a lot of business, so this creates an artificial rush on every "deal" even when they are not deals.

@Conrad Metzenberg Like @Betty Cruz said, between rehabs and places to drop disposable income (restaurants, bars, breweries, etc) tells me what I need to know.

Come to the REIA Meetup breakfast every Friday morning at Johns Restaurant on Westinghouse at 7:00 am to meet and network with fellow investors 

But within that B/B+ prop class, generally, yes, we look for things near job centers, near easy transportation/highways, in areas that are easily walkable (pretty flat, restaurants shops etc in walking distance), good schools.

@Christopher Sharp This is common when the commercial property can be for restaurant use or when the density is above a certain point.

Value is 1 of 3 things- and the process is called 'highest and best use'.1) market value (like regular homes most of us live in)2) income approach (Gross income - expenses (no debt service) / CAP rate)3) highest and best use... geesh- this corner is right were a Mc Donnalds would put a restaurant.

Takes place at Shield's Restaurant and Pizzeria in Southfield. 

The city told him to shut it down or they will fine him since it was in such disrepair. - City official also said same story.

He ran some kind of snake through the toilet that was leaking water after he shut off the water from the toilet.