Hey Caleb, There are a couple local REIA groups that would be good sources to come network with local investors.

If you spread the 300k across a couple of assets, you will do better long-term, but worse short-term.

Quote from @Krishnan Iyer: In your case, Evolve “owns” the listing and you will have to start from scratch as if it’s a brand new STR.

I invest in Detroit as well, and it's a city full of opportunities if you take the time to understand it.A couple of quick tips: Get familiar with the neighborhoods—Detroit is very block-by-block, and the difference in property conditions or tenant quality can be drastic just a few streets apart.

And I chose to buy the quad out for a couple of reasons 1. 

You are correct about that, but that's usually a computation and decision that an investor makes after a couple single-family homes or small multis.

I have a couple of Bay Area clients and used to live in the Bay Area myself.

I know a couple local hard/private money lenders I can connect you with, one of them is a sponsor at the Dover real estate investor meetup that takes place the 2nd Monday of each month at Chapel and Main Brewery.

I'm brand new to the forum and your message caught my attention.  

Our company has been offering brand new construction homes there for the past several years.