Downtown boomed so much even I couldnt afford a condo there hahaha. https://detroit.curbed.com/2018/5/18/17369214/5-detroit-neighborhood-developments-watch

See what those comps are and factor in closing cost for getting it closed and the realor's commission as well.

The cost of a survey can vary widely depending on many factors.

I know others say it's a place where deals go to die but I found a commercial building with a triple net tenant and a development lot and after negotiating got 40% off the asking. 

Doing so has made me realize that REI is the best way to go and so my significant other and I have started to read books geared towards not just Investing but also business development.

@Travis Weitthoff - I was wondering the same, the seller is a firm that specializes in developing and stabilizing multi family investments on the South Side of Chicago, so I'm going off the assumption that the numbers they gave me were from last years actuals, but not positive.

It depends on lots of factors.

When temperatures drop to a point where the heat pump can no longer do its job (i.e. somewhere below -13F to -20F) - perhaps even prior to that point when COP factor on the heat pump drops below a pre-determined threshold - the existing furnace would fire as the stage 2 heat source.If your oil furnaces are much more than 20-years old, their efficiency will likely be less than 75%.  

IE assigning contracts.. you simply cannot in this state advertise through any medium a property you don't own. once you own it of course your free to do whatever.. but then if you rehab it you need a developers license.

I owned a timeshare unit in a development with many unsold units.