Keep seeing lawyers at Court in their 70's and don't want to be in that boat.This place is awesome for real people and concrete info. 

Obviously homes that are 40 years old will need SOMETHING, but in my experience with just owning a couple of homes is the big tickets like the furnace/AC, roof, foundation, and concrete, if those are all sound, then the other repairs are usually cheaper.Is it better to pay a little more for the "move in ready, done" home versus the less updated, not so much done home which is cheaper? 

Random side thought - if you use cards regularly to finance your flipping, and you have a good high-rewards credit card, you could be getting a massive amount of points/miles for travel hacking :)

Detroit is in the middle of a massive conversion, new hospitals, new schools, blocks and blocks new townhouses and developments, new builds both commercial and residential are going up everywhere.

SF has expanded some but it's only been the last few years that the market has recognized an equalization between NOMA and SOMA but that's been mainly the result of MASSIVE office growth in SOMA. 

Its in great shape, with all concrete drives in a non drive by location but with a in city limits location.  

Im planning my first Investment and looking for some feedback.Theres a massive dev project coming to my area and wondering how it will change values of surrounding properties. their  plans are for  approx 10square blocks of luxury shopping amd luxury condo high rises.

Either replacing them, or pressure washing them if they are concrete, or staining them with concrete stain if necessary.  

You need concrete terms for the rental period, and the terms for the sales agreement, and the terms for the option.I would charge a security deposit, much like a rental and give them the ability to credit the security deposit towards the purchase price when they exercise the option to purchase.  

Only I used this on concrete counter tops.