Richard - great position to be in!

As an example, all shareholders or members must pay themselves a reasonable salary.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

So you're in a strong position. 

Rules for contractors NEVER use your money to fund a customers project ( unless you hold first lien position and charge interest )If the money stops , the work stops .Put everything in writing .

It is important that I not only pursue the American dream, but do so with an upbeat attitude and stay positively motivated.

It’s great to have you here, and it sounds like you’re in an excellent position to start your real estate investing journey.

Any insights from your experience, whether positive or negative, would be greatly appreciated.The attached link explains the current situation with the Detroit Housing Commission (DHC), highlighting that they are severely understaffed and have limited communication with both tenants and landlords.

The other thing I have done in the past is held this money in my cash position within my brokerage account with it not invested. 

I am glad I was in a position to do my first several flips with personal cash and one investor.