.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.

Given the legal challenges that can come with Foreclosure, I recognize the importance of having an Attorney involved for the Foreclosure process.

Challenges?

A couple questions for the group.How challenging is it to mix STR with MTR in this way?

On the surface, it appears to be a straightforward role, but it becomes far more challenging when faced with issues like non-paying tenants requiring eviction or broken systems that haven't been properly followed.As a self-managing property owner, it is absolutely doable—but success depends on treating it like a business.

What’s the biggest challenge you've faced in automating your short-term rental?

.: Quote from @Noel Parker: "he gives so much to his community and i would challenge you to find anyone in his community that say they are not getting their value."

It's very helpful to se the real challenges you've encountered across different markets- especially your point on finding qualified subs and staying away from high-rate lenders. 

For me biggest challenge I always have is getting returns done and k-1s issues

However, high property taxes and rising values can pose challenges.