The choice to invest now depends on your money and how much risk you can take.

The recent NFL Draft, hosted by Detroit, brought in over 300,000 visitors who's attitudes about Detroit did a 180.Detroit also beat out Miami last year for the city with the highest appreciation rate in the US.It's not all unicorns & rainbows though, as there are still many areas of the city investors should avoid, which scammers keep trying to sell to naive OOS investors.PM us if you'd like to know more about how we've assisted hundreds of investors make logical investment choices in Detroit and avoid portfolio crushing mistakes:)

For future projects, we set the closing date much further out to give us a chance to pull permits way before closing.

Don’t touch the money, get the QI step before you close.

. -  Low-income neighborhood (lots of section 8 tenants)- Very close to hospital and nearby highschool.

My main focus is really to reduce the number of closings (due to fees) and to pay the family member back for helping cover some previous work.

However, there is a case for RV parks that more closely mimics a MHP when the location is appropriate for a full time living solution.  

If the new owner gets title insurance, the title company will usually discover the tax sale and redeem at closing.

We have some contact here in Canada who have closed on 100+ unit multifamily deals in the Texas region.We are focused on 75-200 units, class B+, with 7% go-in cap rate.

The 75% LTC lender that capitalizes an interest reserve and finances 75% of the closing costs will likely require less cash out of pocket than the 80% lender who does not include a capitalized interest reserve and doesn’t finance some or any of the closing costs.