Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.

I can't believe now some of the neighborhoods I ventured into...but I always had my friends: Mr Smith and I'm sure you know his pal... 

The “first-come, first-serve” urgency might be their style, but without a timely responses, it could signal future communication issues down the road and frustration on your end.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Some areas/neighborhoods are more STR friendly than others. 

This is simply predatory in nature full stop.I have sold many of my OREO props on low down ZERO percent financing but they were at market prices and the buyers owned them free and clear in 24 to 36 months that works.. but long term contracts on these homes is not a solution for neighborhood revitalization just the opposite.

Screen team members for referrals, communication style, and technology comfort.Good luck!

In addition, the neighborhood did not seem to be great.

I flip rentals as a primary and do it in pretty high volume & use any spare revenue not reinvested in this business to buy very high yield stable MFR in working class neighborhoods.

I know Dan Deppen and Chris Seveney both have membership style organizations.