However many millionaires do, in fact, have multiple income streams. 

You are collecting a cash flow stream from an investment grade tenant but the property itself for land and building is almost worthless when it goes dark if they do not renew the option periods.If the DG is NN lease the tenant will limp along repairs and then go with new developer for new building rather than exercising option and having to pay all that capex coming due.

You can hybrid or switch the approach mid-stream.  

Hello I just started using prop stream and will let you know how it is.

So an 8% cap on multifamily in a *relatively* stable market with a *fair* tenant pool is unrealistic, even at these elevated interest rates? 

Your name would stay on it so you want to make sure its someone who is financially strong and stable who would do this.This was the concept I had just have to find that individual.

I do not know my full plan as of yet but I do know I want to generate a steady stream of excess cash flow to help supplement my income later down the line.

Strong rental demand: With major employers like the Cleveland Clinic and University Hospitals, along with a growing arts and culture scene, Cleveland attracts a steady stream of renters.Revitalization efforts: Many areas of Cleveland are experiencing significant revitalization, which can lead to increased property values and appreciation potential.I can't comment on the Detroit market specifically, I have never been and have never done any research on it!

need a lending outlet suggestion for this property.2 unit ocean front STR 689total sqft3+ years of STR historyHair - there are NO other 2-plexes in the area, and appraisers have been using 3,4,5 units etc. that are 25+ miles away which is making the AERS report flagged for warning / total gross adjustment are like over 120%Basically at this point looking for a self-serviced bridge lender who won't care about comps/appraisal so the borrower has time to find something more stable.

Better Tenants & Higher RetentionThrough thorough tenant screening and responsive communication, property managers reduce turnover and vacancy costs, ensuring a steady income stream.2.