How the hell did you get only a 5% cap rate in Deeee-TROIT?
What about using it to open/buy a small business? In a real city, not a festering outhouse, of course.
As far as buying property, it’s not only the original poster’s age bracket. I’m 33 and I’m looking diligently. If I play it smart, I can probably not worry about basic living costs/a full-time job for a good long time if I get some property leased up.
