There are plenty of investment opportunities in the Detroit area as well which have the potential to offer immediate value, so I would weigh your options with care. 

If you're looking for insights or need financing options for flips or rentals, I'd be happy to help.

@Logan RheaReasonable budget for a cosmetic only renovation of that size.

Example; I am invested in a fund that does active option plays on Tesla.

Whether to build on your lots now or wait depends on a few things: construction costs, rental demand, and your financing options.

Great question - 20% down is the typical down payment for investment properties, regardless if it's a single family, duplex, tri or quad.We have a 15% down option for the same type of loan.

I say we dump the deal but the other 2 partners want go ahead with it even though the lender has now cut our SOW budget from $65,000 to $40,000. 

We’ve found a great option for us in Tennessee with a cabin (currently used as a str) and a mobile home.

But of the options you note, the only one that really makes sense to me is the CoC option. 

If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.