I would suggest that if someone wants to enter Detroit market take at your own risk two trips: flight/car/meals/hotels to know the city, its people, the neighborhoods and develop local connections!

Schedule a trip here and go to one of the REI meetings or meet ups.

Also take detailed notes on any repairs that were made to resolve trip hazards etc. 

You will survive. good underwriter looking at your tax returns will see you own the debt and the asset.. probably gets bounced.. this is what HML did pre 08 all of our loans went to buy and hold folks and we did rate and term refi.. but we were a true third party lender .. its was a great gig while it lasted my average turn on my loans was 92 days.. and the buyers not only had no money in the deal they got refi proceeds usually 5 to 8k a house and they would do 4 and a time.. now they were suppose to take the refi proceeds and put them in their reserve account.. but alas the reserve account ended up having Jets skis in them instead maybe a new car.. or that trip they wanted to take.. etc etc.. anything but where it was suppose to go.. 

. :-)Also let’s me expense most of my travel back to MN to see family before or after business part of the trip.

I have my trip booked for next month, I'll be there from Oct. 16 - Oct. 28.

We are looking at the trip cities in Washington state.

Take a trip and see.

They charged me 65 dollar trip fee, 45 minutes of time and 23 dollars for a new GFCI.  

But they are both retired, have everything paid off, no kids, and want to just road trip for awhile and wouldn't mind helping me get started.