He even made a solid friendship with one of his tenants, who now handles some of the property managment for him.These neighborhoods are perfect if you want a vibrant urban lifestyle while also reaping strong rental returns.

Good luck getting that one revoked or severely modified..

I keep it updated with all sorts of local stuff.

I’ve seen it happen...Anyway, here’s a great summary, courtesy of the amazing @Avery Carl, of the kind of numbers you can expect down south (including complete pro formas).

Thanks a lot!

AND if one is savvy, can also get financing, as an investor/investment purchase, including a list of perks. 

Spend LOTS of MONEY on mass marketingThe "rate locked affect" is limiting a large portion of the market and stopping transactions from happening.

I have a family member that owns a lot and residential property in Downtown Detroit.

Below are estimates of the housing shortage by different institutions:The National Association of Home Builders (NAHB) estimates a shortage of 1.5 million units (2021 data).Freddie Mac’s estimate is a 3.8 million unit shortfall (Q2 2020 data).A report commissioned by the National Association of Realtors (NAR) (2021 - Rosen Consulting Group) suggests a 5.5 million unit housing shortage.No matter which data source you choose, there is a massive shortage.

Plenty of people moving here.