Hi all, been listening to a variety of information over the last several years I’ve lived outside Detroit.

There could be reason behind this, but on surface, this is low.As noted above, severely negative leverageNo stated pref, so I am assuming the 80/20 split happens right awayProjected returns are okay.  

Please know that ANY information or direction you can give me would really be appreciated. 

As I embark on this journey, I’m eager to learn more about the local market, connect with fellow investors, and engage with the vibrant community that makes this city so special.

I've not heard of this happening so I'd love to hear the details. 

This is where I have found some of my best contractors.

It's not negotiable.Most brokerages have failed their agents in preparing for this.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

This means that there are properties in very lucrative areas at a great price but, no buyers. 

Essentially still making the Brrrr method work with this type of loan?