Hey Francys, I've been investing in Detroit since 2019 and I've also been working with investors for the last 18 months.The sentiment has drastically changed over time and here's how I'd sum it up.In 2019, when I purchased my first rental in Detroit proper (not the suburbs), I was told that I was crazy.

- Yes, it MAY be important, but if you don't understand the "why", how do you know you are properly interpretating & using the data?

If the proper reports and documentation are not completed, you run the risk of failing an IRS audit and the cost segregation not being honored.

Sometimes it has to be zoned properly or it might need to be a specific distance from an already licensed home.Then you need to determine the licensing requirements and see if you can meet those.

So, proper screening is EXTREMELY important!

You can find 1%+ rule deals just about anywhere in Detroit proper but that doesn't mean you should be buying them all. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

In a properly run platform, VRBO would require hosts to upload this information to the platform, and the guests would access the information directly from the platform, eliminating drama. 

I don’t know the condition of the property nor how to properly assess it considering my lack of experience – who would I approach due diligence?

When dealing with unique properties like this, I would make sure that the ADU on this property is properly zoned.