You should ask to speak to the commercial lender at the bank that carries your property's current mortgage.

Quote from @Aishan Gonaduwage: I am seeing good deals in Detroit that could cash flow in the current market.

I'm a newbie to real estate investing and am currently focused on intensely educating myself about all things real estate and how to get my first rental property deal.

Quote from @Van Lam: Hi I am investor in Gainesville, I currently hold a multifamily 6+ units. 

After that's under control, focus on increasing income through additional work at your current job, taking on a side hustle, or finding ways to increase income on your existing rental.At the same time, educate yourself.

This is primarily why I plan to get a property in Old Town Alexandria whenever I can (THE HOMES HERE ARE EXPENSIVE) currently I do airbnb arbritage here and it does phenomenal, I read through your report which furthered my confidence in this area, and I'm excited to keep holding onto property here.

Wells, Citi & Chase), but moving all your money for current rates might not be something an investor wants to do. 

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

Ask to speak with some of their current owners and current/former tenants.

Positive SolutionsProblem: In my county small multi-family houses are nearly non-existent and short-term rentals and second-cooking-areas are illegal.Solution: House-hack while renting MTR to traveling medical professionalsProblem: I didn’t know the many laws of the countySolution: A hired attorney 1) informed me that the county calls a house-hack a boardinghouse and 2) drafted a very comprehensive agreement that includes answers to your list of questions.Problem: Interpersonal problems can be a risk.