@Amha Demissie it's awesome that you started in 2019 and as you mentioned, you've probably built significant equity during that time.

Now that it is saturated, it is starting to fall off. 

Im assuming start with a PM?

I am just starting the investigation to figure out if this could be profitable.

Detroit has turned a corner and a lot of folks are starting to wake up to it.Still early innings though.

So, let's start with an overview:1.

@Anthony Zotto- if you started the application with the CU and locked the rate in - your rate wont  automatically  decrease  if  rates  improve . 

@Nam PhamContracts: Have a detailed contract outlining the scope of work, deadlines, payment schedules, and materials to be used.Updates: Establish a schedule for regular updates, such as weekly calls or video conferences, to discuss progress and any issues.Project Management: Utilize project management tools like Trello, Asana, to track progress, manage tasks, and store documents.Documentation: Request regular photo and video updates.

The way to get around this is to end the lease at 12 months, then start a new 12 month lease.This is a PA court decision.

Start small, slow, and smart.