For the vast majority of contractors, I am usually the first one to say that they must be insured. 

I document everything, from concepts to teachings to contracts to you name it... so, by 90-days, they have an organized library and practice touching all aspects.

It sounds like there will be alot of common area space in that building.I'd check utilties closely if it's anything like the schools I attended, huge hallways, kitchen and dinning areas, library, school offices, dressing areas to the gym, etc.

But the nuances are vastly different.The nice thing about commercial is they are not taking the Fannie/Freddie standards and you either check those boxes or you don't (unless you are going with a Fannie/Freddie loan).  

Detroit is such a big city as well so you cannot be macro in your approach but micro because each neighborhood is vastly different.

I have vast experience from working with Trades People, Architects, Engineers and City Officials.

@Mark Choi you shouldn't be embarrassed to ask anything on BP, learning is the whole reason the vast majority of us are on here!

I went through that neighborhood this week and it's vastly different than Journal/McGinley Square. 

Please let me know if I am going on the right path.I have read a few posts on this forum, and have place holds on the following books at my library to get started:Short Term Rental - Avery CarlLong Distance Real estate investing - David GreeneI also found a meetup close by, that I will start attending with my wife.Please let me know if there are any other books or resources that I should be checking out as we start our Journey.Thank you in advance, and appreciate this community.

Property Tax in general is in-line with many other desirable areas in the US with an amazing exception for Agriculture land which is often only $100 per year on a $1m property.   4.I cant buy a 3/2 home in hawaii under $500k- False- Hawaii has a vast array of price options, of course you have the $20m resort homes.