(I went to UofM Dearborn so I have basketball players rent out the bottom unit)The only thing that made it hard in Dearborn was how high insurance and property taxes are.

@Lei Zhao agents in this industry agents get paid for results not effor.

I always used to hear people in the real estate industry say, "Follow the artists to find the next hot neighborhood."

You need to be aware that your e&o insurance will not cover you when you are a party to the transaction.

Will I be able to get title Insurance?

This is split between investing and brokerage, but it is still a substantial amount of time in the arena.The industry is not for the faint of heart.

I recently have had the opportunity to work with a group of wholesalers and take on the industry by storm.

It's an old old building and we suspect this happened from pulling some knob and tube in the basement during the sale for insurance purposes.

You’ll need to sell some food, sandwiches, muffins, etc  too I would think....coolers, display cases/coolers, dishes, dishwashers, supplies, costs for labor, rent, utilities, insurance, licenses, permits, inspections, etc, etc.

We are on a shoestring right now, we have spent all of the money we are able to on necessary upgrades and furnishings etc, and given the tax/insurance/electric/gas/cable and wifi bills that are going to be due on the regular there isn't time or money to upgrade kitchen or furnishings, we were hoping that maybe we could accrue enough of a surplus that come spring we might tackle a kitchen reno or other such projects, but at this point I am not holding my breath.I will look at our prices compared to other similar properties, I had been under the impression that we were priced lower, however it seems I am mistaken given the feedback here.