I underwrote multiple scenarios and am comfortable with the economics since he's doing all the day-to-day.  

You still have to worry about other things like job growth, population growth, unemployment, macro economic trends, etc. 

Nothing is passive and even US treasury bonds which are considered the safest investment require one to monitor the economic climate.

If you're considering venturing into the realm of flipping properties, Fayetteville, North Carolina presents a promising landscape.Fayetteville, NC, stands out not only for its robust housing market but also for its exceptional quality of life and economic resilience, drawing a continuous influx of skilled professionals and military personnel.

I called Mobile Crisis Unit about 2 months ago because he fell and refused medical attention.

ESPECIALLY in this economic era.

As for the potential risk of Detroit home prices returning to 2008 levels, it is possible, but much depends on factors such as the economic situation, city management and strategic investments.

There are other economical improvements that can be made, as well, that would significantly boost your occupancy, and possibly your ADR.

You will typically find a lot of distressed properties in Ft Myers due to the age of the properties and the economic diversity in the city.

I'd suggest investing in a market with strong job growth and expanding economic base, like Columbus, Ohio.