There's a building in Farmington Hills for sale that's already set up to be assisted living.

So far we have painted the common areas and the exterior of the building.

I had a GC build it turn key and it went under contract before it was completed.

They live on the first floor of a small ten-unit building. 

Building relationships and rapport during property tours can also result in unforeseen rewards, such as sellers leaving equity in the transaction because of the trust and connection formed.Remember, every property tour is an opportunity to collect information that is not available on paper.

Depending on your income You get to take depreciation off your regular income (usually up to $25k) of 3.6% per year of the building’s value.Many of your everyday expense can be deducted from your income as business expenses. 

When speaking to the owner (building rapport), your main goal is to figure out which of these main 3 is most important to them.

I do live in my building so my income from the other 2 units in the building go toward my mortgage payment.

It depends on a lot of factors, but generally speaking, I like the shores and Marion oaks.  

My question is, can I use one of the separate parcels as collateral for a construction loan to build a multifamily on it (of course adhering to zoning regulations)?