I'm not talking about the recent 15%+ inflation, I'm talking historic inflation since we left the gold standard. 

Detroit Can be a gold mine if you know what you are doing or if you have the right people guiding you. 

But if you want better known chains that offer fair prices (just remember shipping counts):Www.builddirect.comWww.build.comWww.lumberliquidators.comGood luck.   

Unless this is gold-mine-money, you're looking at a lot of headaches that are probably not worth it.

@J Gold, would you buy this property if you didn't already own it? 

While I think it can be a gold mine, I also watch the local builders decide they want to be investors and toss up another 200 units in a 6 month period!!!

Shortly after it closes they will sell the note up the chain.

Even in the areas I invest in Michigan within an hours drive of Ann Arbor, I use property managers and don't buy a new property without the property manager weighing in on market rent and the area the property is located.Basically, a good property manager is worth their weight in gold and you can find them by asking on Facebook groups for real estate investors in the area or asking local real estate investment groups.To Your Success! 

And that's worth gold to establish your intent to hold. 

This guy must be washing people's property with liquid gold or something, if there is such a thing, lol).