Hey GaryI manage about 65 units in FL and I broker for STR buyers in this market, and some do self manage.Obviously the ones who choose us for management, we can assist with all of those items, but the ones who self manage do so by building a team. 

You can build a deck around them as well - or not. 

You should reach out to @Melissa Haworth she can get the actual numbers/rents on STRs in the area to help run your comps.Each building is different, each area is different, it is important to find accurate data to make good decisions.

Build a financial history with your LLC. 

Please double check this and make sure that wasn’t the amount for the raw land prior to the build.

Wishing you the best—tough decisions like this are what build true investing experience!

Detroit is very much a block-by-block city, so having local knowledge is absolutely critical.

New builds, new developments, plenty of rentals within driving distance of the city center, and there are still plenty of areas where a good eye for a rehab job will get you a good ROI.

Buy a lot and build a house for sale in 2026.

Housing mix will change; more condos and co-ops and multi-family apartment buildings.