All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.

House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment. 

In our largest listing, we have a triplex with a total of 11 beds and 10 baths with each bedroom set up to be potentially rented by the room (electronic lock on each bedroom door, and most with a private bathroom).

I recently came across a property near the international airport that seems to have good cash flow potential.

You could potentially put as little as 3% down if it's a single family home and 5% down for 2-4 units.

The "land basis" cannot be depreciated, so your depreciable portion will be lower than $350k.We typically consider $1 million in building basis as a rule of thumb where it makes sense to evaluate the potential benefits.

It was in our list to potentially expand our portfolio, but we already have 3 properties close to the shoreline....perhaps one day.

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It’s unnecessary and potentially problematic to add the ex-partner to the title before the sale.