Actually you should do something.  

But you'll learn a lot just lurking for awhile too.If you want a ton of resources specifically about the Detroit market feel free to shoot me a DM.

I would start by finding areas you actually WANT to live and go from there.Picking a place to call home simply because it has a real estate market that you feel will fit your goals is a great way to end up miserable. 

If you find an actual property that looks like a homerun and would warrant a HELOC, then you can go for it without reservation.

The market shifts, strategies evolve, and if you’re not learning, you’re falling behind.So I made it a habit:Reading at least one real estate or business book a month.Listening to podcasts while driving instead of music.Watching YouTube breakdowns of market trends.Getting advice from investors who’ve been in the game longer than me.The more I learned, the more confident I became.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

This deal was on market but was overlooked by most investors who either didn't understand section 8 programs, landlord tenants laws, or underestimated the current market rents because the rents in place were so low.

The same money could buy 1-2 full properties that would rent for more, depending on the market you choose. 

However, I quickly realized that lenders are unwilling to offer mortgages to new LLCs, and even if they did, the interest rates were above market average!

Your Blue Ridge STRs caught my eye—great market for rentals.I’d love to explore how we could collaborate, especially on the STR side.