Consulting a tax professional now can help structure ownership and financing efficiently, ensuring you take full advantage of deductions, depreciation, and potential tax-saving strategies like 1031 exchanges in the future.This post does not create a CPA-Client relationship.

There are significant advantages to investing here (lower barrier to entry, much better price to rent ratio's, etc. etc.).

. - You can get more units in the City of Detroit, but you will need to understand the City's demographics or you'll get taken advantage of.City of Detroit has 183+ residential Neighborhoods.

Given your situation, a property closer to Nashville might be more advantageous for short-term rentals like Airbnb, as proximity to a popular city typically attracts more guests and higher rental income.

. - The advantages of working with private lenders: - Faster access to funds compared to banks. - Flexible terms tailored to the specific deal. - Ability to leverage their network and experience in real estate. - Private lenders are not just sources of capital but can also be strategic partners who bring value to the table. 3.

And let's be honest, your looking to take advantage of them and upset that they keep beating you to the punch.

Having everything under one umbrella can actually work to your advantage.

In that case, you’re living for $2,000 a month—while building equity in the home, benefiting from potential appreciation, and taking advantage of valuable tax write-offs!

You want to focus on areas where you have a competitive advantage (you have lived there or you have family and friends there) and then compare those areas against widespread list of great areas to invest.Good luck!

The secret is deploying an unfair advantage and/or buying good assets + time.