Investing in rental property is about more than collecting monthly rent checks. In Detroit’s rental market, competition is strong, and tenants have high expectations. The upgrades you choose can make the difference between long vacancies and reliable cash flow, between mediocre returns and strong rental ROI.

But here’s the challenge: not every upgrade adds real value. Some improvements might look nice but fail to attract higher-paying tenants or justify increased rent. Others may drain your maintenance budget without providing a measurable return. To help you make informed decisions, let’s break down the upgrades that actually boost rental value, reduce turnover, and keep your Detroit property competitive.

Providing quality senior living accommodations can be rewarding on multiple levels:

• Multi-family property in Novi can be a handsome addition to your property investment portfolio
• You get to provide a comfortable place to live for the most valued members of society.

To see these rewards from your Novi investment properties, it takes careful planning and forethought. Here are some of the more important advantages—and challenges—to keep in mind if you’re thinking of turning a multi-family property into a senior living community.