I have 25 years of residential remodeling experiance and I'm now focusing on radon mitigation.

Also understanding how things are put together, how siding works, gutters, etc (basically as many aspects of the home as possible)Having this knowledge will also help you from getting burned by contractors telling you things just so they can save time and money and deliver a crappy service. 

We have wanted to own a downtown property for a while and stumbled upon this deal.

- if you have little capital to start with, house hacking is typically the best way to go

What changes to your budget have you made to save more money for RE investing?

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

I recently shut down the business, so now I have a commercial buildling that has appreciated in value by about 60% since I purchased it. 

Im also invested myself and have been dealing with the housing market for 18 years.

The new owner probably swapped out those doorknobs after the sale and they ended up in the trash.We had someone who was only in their 40s offer to sell if they could have a life estate.

For me personally, I would leave it a loft so the renter could have a playroom for kids, office space, family room, etc.