Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.

I would provide the capital and otherwise stay passive, but hopefully grab better profits than private lending?

I'll provide some tips below.2.

Wholesaling can be a great way to learn a market and build capital, but holding rentals can provide steady cash flow and equity growth over time—especially in markets like Detroit, where entry prices are lower and rents are solid relative to costs.If you’d like to learn more about navigating Detroit, feel free to reach out—I’m happy to share some resources or insights from my experience.Best of luck in whichever direction you choose!

The $1,500 net cash flow you mentioned represents a tightened rental return that could provide consistent passive income.

What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units.

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

You need to provide a bit more specifics about the property, about the insights you want, etc.  

So glad you could provide a better insight.

They can help you navigate code compliance, especially with accessibility and egress requirements, and provide a clear budget before you begin.