So far it seems the preliminary number with taking out a mortgage vs paying cash would generate a positive cash flow of approximately $380 a month.

Specifically, there are a few sections where all of the preliminary work is done and the land has been subdivided with all utilities in place which is my favorite sort of land to go after. 4.)

Rents are comparable in both markets, but I would wager Kenosha will see greater appreciation over the long-term based on the gentrification from IL and surrounding areas.

@Jennifer Donley  thanks for the share, I'm thinking about doing Section 8 in my area, just doing the preliminary research for right now. 

There are a ton of empty lots across Detroit, which seem in theory like "easy" places to pop up a pre-fab SFH or small multi.I did some preliminary research here and via Google and see that most people's experiences seem pretty positive with key draws being the cost = less than or equal to standard construction, materials being eco-friendly and sturdy, shorter construction time, similar appraisal value, to name a few.My questions:Can anyone share any experiences specific to Detroit or the surrounding area with regards to permitting or legal pitfalls to avoid or hurdles to jump over?

Preliminary looks like the average yearly salary (4th highest by city) in comparison to price of real estate (2nd lowest by major cities) makes the rental market seem promising.

I gave The One Brokerage (David Greene associated lending Co) a preliminary call to see if they operate in VA (they do!)

Zoning code trumps building code in the preliminary definition of the unit.

Your job is to vet the potential deals, do some due diligence, gather preliminary information, have or gain the knowledge of why that may be "a deal," and THEN present it to me to evaluate and move forward or not.

My original plan is to go through the process as if she were applying for the apartment (credit, background, employer and previous ref…) I’ve done some preliminary due diligence in the buying process.