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Residential Construction General Manager (Detroit)

SFR3 Fund
Detroit, MI Full Time
POSTED ON 3/28/2026
AVAILABLE BEFORE 4/25/2026
We're building the largest portfolio of affordable housing in the heart of America, join us!

SFR3 is a boutique real estate investment fund acquiring $2B in affordable single-family homes by 2024. The Fund renovates distressed homes, using software-driven operations to run many tertiary markets concurrently.

We’ve turned thousands of distressed homes from Cincinnati to Columbia into newly renovated, affordable rentals. We’re just getting started – want to join the teams behind all the hard work?

Our first fund owns 9,500 homes in 19 states.

Your Mandate

As a General Manager, you're not just managing a market—you’re running a business. Covering the Detroit and Toledo markets, you’ll oversee the entire investment lifecycle from renovation through maintenance and turn, ensuring every dollar delivers outsized yield. This role demands hands-on hustle, strategic oversight, and a relentless ownership mentality.

You are the fund’s eyes and ears in the market. You’ll scope homes, solve problems in real-time, and drive performance across cost, quality, and speed. You’ll be trusted to make strategic maintenance and capital expenditure decisions, build the right teams, and keep your markets lean and profitable.

Your Responsibilities

🏗 Production & Execution

  • Own all renovation, maintenance and turn activity across your region
  • Scope homes and drive daily progress
  • Eliminate renovation backlogs with urgency and discipline
  • Provide the leasing team with accurate project delivery dates
  • Ensure timely, high-quality completions aligned with HUD/HQS standards

📈 Financials & Yield

  • Maximize ROI on every home
  • Strive to deliver high yield returns while ensuring projects meet SFR3 standards for quality, spec and timeliness
  • Monitor and improve TVP, overhead, and margin performance
  • Operate within overhead targets and manage vendor spend with precision

📊 Strategic Management

  • Make data-informed decisions across projects, vendors, and team deployment
  • Collaborate cross-functionally with centralized teams
  • Ensure your region performs as a self-contained business unit

🙌 Team & Partner Leadership

  • Lead and empower local teams, vendor crews, and market partners
  • Identify gaps and build the bench with capable, reliable talent
  • Set expectations, lead by example, hold the line, and build a culture of ownership

Performance Metrics

  • Cost-to-complete accuracy
  • Renovation cycle time and backlog elimination
  • Margin & yield performance
  • Quality outcomes and tenant satisfaction

What ‘Excellent’ Looks Like

  • You treat your region like it's your business
  • You’re respected by contractors, trusted by partners, and leaned on by the fund
  • You maintain the highest level of honesty, integrity and professionalism at all times
  • You demonstrate a strong moral compass and commitment to ethical conduct
  • You solve problems on the ground and think 3 steps ahead
  • You consistently deliver quality, speed, and profitability
  • You build strong teams and develop future leaders
  • You influence fund-wide strategy by setting a gold standard in market operations

Compensation & Benefits

  • Competitive base salary substantial quarterly bonus tied to financial performance
  • Gas stipend
  • Health & dental coverage
  • PTO
  • 401K Roth 401K options

Ready to run the show?

If you're a high-impact operator with strong financial acumen, a bias for action, and a drive to own outcomes, the General Manager role at SFR3 might be your next big opportunity.

Apply now to lead the Southeast and help shape the future of real estate investment.

Salary.com Estimation for Residential Construction General Manager (Detroit) in Detroit, MI
$100,578 to $137,563
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