And of course knowing what your costs will be to build.

I've reached out to multiple insurance companies that are saying they won't insure a building that old.

It is a little more complicated than recommending zip codes to invest in since Detroit is a very block by block marketplace.

One other question that your carpenter / building department / insurance company may flag relates to the spacing between balusters, which has decreased over the years.

His plan involved reframing some of the building and inhabiting illegal tenants.

We are now building our portfolio through flipping, BRRRR's, and additional STR's until we reach our end goal of unique stays in the form of luxury treehouse STR's on secluded riverside locales. 

The project is 1.9 million for the land and then the development of the low-income housing  you need a qualifier and a single purpose entity. we do 5-10% ownership in every deal we build so we can continue to be qualified. do you have the financial backing?

Purchase price: $588,000 Cash invested: $8,000 1988 build duplex What made you interested in investing in this type of deal?

Purchase price: $588,000 Cash invested: $8,000 1988 build duplex What made you interested in investing in this type of deal?

One attractive factor for me is the recent announcement of the tallest tower planned to be build by 2030 that was recently approved with  no height restriction.