Air Conditioning, if an city is hit or miss with A/C units does this play a large factor on rent and/or property values?

Well my guy that I helped found it on Facebook marketplace the guy was only asking $9,000 and I basically told him I liked it I wanted it and the seller tried to play the smooth saying I've got a bunch of buyers and the price went up and I basically told him to take it or leave it and I bought it for 10,000 bucksHow did you finance this deal?

I'll be interested in how they make the Experience "exclusive" to Airbnb as that seems like a terrible business model for the people hosting the Experience unless ABB cuts a check for them.IMO it is also a branding play to differentiate from VRBO, Booking, hotels etc.

But that only comes into play if you sell the property later and don't 1031...so if that isn't the plan then I wouldn't worry about it now.At the end of the day you never pay more in taxes than you make in income.

You do have to play the markets in terms of States/Neighborhoods.

Yes it helps but there are other factors that play a lot more into it

Detroit is not a market to play around in without a professional on your side.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

Long term play, what some are calling BEAF: Break Even, Appreciation Focus.

All of the risks of "subject to" then come into play (with a "wrap"); read this thread:http://www.biggerpockets.com/forums/83/topics/86029-subject-2-protection-from-calling-mortgage-due

Thus it becomes a "location" question, is yours visible and accessible.These National companies are playing the Average of numbers game.