Equity gets a preferred return of 8%, then I get a developer fee of 6% of costs, then all add'l upside is split 50/50.

Also below are links about some Detroit's current funding and investment and where its going.Detroit to get $300 million in federal help - Sep. 27, 2013 - CNN Moneyhttp://money.cnn.com/2013/09/27/news/economy/detroit-federal-help/Ford Foundation donates money to help Detroit manage its federal grantshttp://michiganradio.org/post/ford-foundation-donates-money-help-detroit-manage-its-federal-grantsBill Pulte: From Home Builder to Detroit's Unlikely Blight Busterhttp://www.forbes.com/sites/joannmuller/2013/10/09/bill-pulte-detroits-unlikely-blight-buster/Gilbert: Tear Down All Of Detroit’s Abandoned Homes At Oncehttp://detroit.cbslocal.com/2013/10/01/gilbert-tear-down-all-of-detroits-abandoned-homes-at-once/Plan to eliminate blight in Detroit may top $1 billion, task force sayshttp://www.freep.com/article/20131212/BUSINESS06/312120137/Detroit-blight-Quicken-GilbertDetroit bankruptcy judge orders company to stop collecting casino revenue (Access to about $180 million a year that was flowing to creditors from its casinos)http://whtc.com/news/articles/2013/aug/29/detroit-bankruptcy-judge-orders-company-to-stop-collecting-casino-revenue/http://www.freep.com/article/20130903/NEWS01/309030148/Kevyn-Orr-William-Buckfire-depositions-Detroit-bankruptcyFederal, Foundation, City and Corporate Investment Areas in Detroithttp://datadrivendetroit.org/web_ftp/Data_Mapping/InvestmentAreas.pdfThe Auto Industry Bailouthttp://useconomy.about.com/od/criticalssues/a/auto_bailout.htm

I would like to begin developing private money lending relationships.

A PUD (Planned Unit Development) could be attached (similar to a duplex) or detached (like a SFR, but often smaller or closer together).

@Levi Pollard I have been interested in your area for development.

Hello All, I've been a full-time software developer for 8+ years in New York City.

If you develop a good relationship with your contractor, they'll teach you how to do a lot of things, just try not to get in their way too much.

The 50% rule {guideline} states that your operating costs should be not more than 50% of your rental revenue.

I own a website development company as well so I have quite a lot of experience with SEO/PPC, etc.

Search the US Census, Bureau of Labor Statistics, City Data.com, Local Chamber of Commerce, city and county economic development depts.