Do number, size, or area of investments owned play the biggest role in that decision? 

My intent was to move within a year and rent it out, but we have been having unforeseen expensive issues that I am looking to get advice on.1) HVAC: Our biggest issue.

Investor focused realtors & Property managers are going to be your biggest asset since they'll be finding your deals & managing the day to day operations for you.

And finally regarding the interest, yes doing these 10 yrs-loan the biggest goal was save some money from the interest.

Here's one of the biggest bangs for your buck to learn this: Read The Millionaire Real Estate Investor by Gary Keller and Jay Papasan.

The biggest issue I see is that they are looking to restrict STRs in the area so why would I buy there knowing it could all go away.

@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Efficiency Comes from Building the Right TeamOne of the biggest ways we’ve streamlined our business is by bringing everything in-house.

I have discussed a question with many real estate practitioners: What is your biggest regret in doing business?

Even a great deal can turn sour if the area isn’t aligned with your goals.What’s been your biggest hesitation about getting started?