I'm sure Detroit isn't unique in this, but managing without being present requires you to rely on others. 

This caused a historically unique opportunity for investors - they could buy Class A properties and immediately cashflow when renting them out.This couldn't last forever, and it didn't, as excited new investors drove up prices.

I moved in to rental in NJ 7 months ago and I am in a fairly unique situation where my landlord has become a mentor of sorts.

utm_campaign=androidappmessage&utm_medium=referral&utm_source=txtshareI think that unique properties like this one will do better over time, i dont know the neighborhood, but i love the view.

Hi Zach,It sounds like you've been making great moves with your single-family residence investments, especially by turning them into unique "fun-houses."

Provide a nice place to live, where you show pride of ownership and they will typically respond with taking care of your place.But also, being selective in who you rent to.  

I’m not suggesting you can’t successfully complete the BRRRR method but if you are selecting your markets based on where that strategy is most attainable you’re going to make regretful investment decisions because most who chime in will promote markets where you will be able to obtain a favorable cash out refinance while ignoring everything else that supports whether the market has a good underlying investment thesis or has a a more attainable alignment of sale values and appraisal values. 

It sounds like you're in a unique situation with your project in Davenport, Andrew.

That's a dream setup for creating a unique guest experience.

. :) Now, I also provide a very unique space, being that I'm 2 blocks to the lake and have water views from my apartment.