For a Gas-Station with total development cost of ~$1.5M, I will tell you our fees would be nowhere near 33% of that. 

With nearly 250 homes branded under Hestia, I think I'm finally getting a little bit of traction with the big guys but there is still alot to be done. 

And the Census officially announced Detroit's population ticked slightly higher in 2023 for the first time in nearly 70 years.We're still early innings for Detroit's growth and appreciation. 

We're thinking of starting out with short term rentals near or on the beach.

I currently have two triplexes near Marywood University so majority of my tenants have been students. 

Plus, given where rates are right now, I genuinely believe we're at or near a local peak.I expect rates will head lower soon, maybe revisiting 6% in the coming months.

You might be able to find a local lender near you and meet them in person as well. 

They're not bad kids, but they are kids. 4) CONSTANT TURNOVER80% of my properties turn over every single year.

The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

Is 200K house near UofR area a  good real estate investment?