., check with the county tax assessor's office.We did something similar in Alabama last year breaking off a couple of acres from a generational family property. 

Let's all make a vow to really think, analyze, verify before we dress up nonsense as "facts" or "data".Imagine buying a car from a car brand that ALWAYS breaks down.You are telling others: The car works fine.

However, you could still have - cashflow on paper, but still break even or potentially have + cashflow on your taxes.

It seems to me, with these laws, that property managers / land lords, will be less likely to give anyone a break or show a kindness. 

Hey Lamar, great to meet you, I have recently ( last 2 years ) been working to break into the same industry, with some success. my advice, talk to sellers. you have a few choices when it comes to how you receive leads, you can do outbound, thats calling.

If you're buying a place turnkey you're unlikely to be able cash flow positive or even break even, especially if you're paying a manager (although management fees are the lowest in the country here due to all of the competition). 

The same goes for when something breaks.

I would buy a place all cash if was an option but the best part of the refinance is that you can use the current equity and the potential new rental income to purchase.I can't cash out refinance right now.One of my properties doesn't have enough equity; I'm probably at 19%-21% LTV - 15% down house hack.The other property has probably $80-90k I could tap into, but I have a 2.9% loan, and I won't even break even with the new interest rate.

There might be demand, but oversupply in certain areas, like Orlando, is pushing prices so low that it becomes impossible for some property owners to break even, let alone turn a profit.Agents promoting STRs as "good investments" without considering the current market saturation, high operating costs, and potential competition do a disservice to buyers.

It's one of the few places where you can get a mix of great cash flow and appreciation potential without breaking the bank upfront.If you're curious and want to dig deeper, I’m happy to send over some resources that might help you get a better sense of Detroit as a market.