The recent NFL Draft, hosted by Detroit, brought in over 300,000 visitors who's attitudes about Detroit did a 180.Detroit also beat out Miami last year for the city with the highest appreciation rate in the US.It's not all unicorns & rainbows though, as there are still many areas of the city investors should avoid, which scammers keep trying to sell to naive OOS investors.PM us if you'd like to know more about how we've assisted hundreds of investors make logical investment choices in Detroit and avoid portfolio crushing mistakes:)

Thankfully, these are few and far between if you’re a good host and take care of your property.

You don't need to watch them all day, and frankly as a host you shouldn't be.

There is a whole host of reasons it can lose money.   

So for example, here in Greenville, South Carolina, we have major auto manufacturers, BMW, Michelin and a whole host of smaller companies that manufacture parts for these larger facilities at BMW and Michelin.

It seems that when listening to Bigger Pockets podcasts, I hear the same logic, both from the hosts and the guests (mostly), that as a midsize (5-20) multi unit investor, Cash flow plays a secondary role to appreciation.  

But what you are describing has been seen on these forums for years: Airbnb Arbitrage, where the host, for any number of reasons, can't buy their own properties so leases other people's in hopes they will more than cover the rent with their airbnb.At the end of the day, you are no longer operating a residential property.  

We host a Subto meetup group in Austin and would be delighted if you could join us.

Also, I think the best way to stand out as a MTR or STR host is to offer amenities that other places don't have.

Thank you in advance for your insights.Anthony - Everyone has their own perspective with a tool/analyzer for multifamily properties and there are many out there including Syndicated Deal Analyzer by Michael Blank, Joe Fairless excel model, Robert Beardsley's excel model, and a host of others including some "make your own" models via courses in YouTube.