But consulting with the town would be good to try to understand what they're permitting process is like.

The process can vary greatly so it's important to understand it and ensure it works for you.

I finally understand that credit card payments are exempt from needing to send 1099's.

Buffalo is a great place to invest, but understanding that neighborhoods change extremely quickly is paramount to your success.

Otherwise, I'd say watch those areas closer to Micron understanding the barrier to entry will be significantly higher in exchange for the lower risk.

The property will need to have a slight rehab to get it up to STR standards, but when complete it should easily be a $200k Gross booking revenue property.

I understand why some people may not like this... but for me, I don't want the hype and platform sales. i want real usable content.

I was going through the rent control laws ( I know, should have done that before purchasing the property ), and a section stands out. https://ecode360.com/30526708#42037155Based on what I can read, the rent control chapter doesn't apply to: Dwellings of three and four units, at least one of which is occupied by one or more of the owners thereof.My understanding is that rent control doesn't apply to owner-occupied multi-units. 

ADU’s are a very popular in expensive areas, and I understand they add equity value as well.

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.