Bham is a great market.

Detroit is a market where local have a strong competitive advantage over non-locals so you want to use that to your advantage.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I'd recommend speaking with local specialists in your target market to look at multiple investment options side-to-side.Lastly, some of my clients have been encouraged to stay away from HELOCs unless they expect a lump sum (inheritance, sale of other asset, bonus, etc.) to pay off the HELOC in the next year or 2. 

On the surface, it might seem cheaper to hire a PM company, but when you factor in vacancies, maintenance, and under-market rents, you’ll likely come out ahead by managing it yourself.I used to work for a local investor with 500+ units, all in one town.

I would keep it at "reasonable market rent" (whatever that means).

If Allstate is not offering proper coverage (stress the if) and you can get proper coverage in the surplus lines market you would want to do that. 

Even if the specific booking is not from Airbnb, the entitlement is permeating the market in general.I do like how pretty much all of the OTA's offer trip insurance. 

Go to their "contact us" page and find the representative in your target market. 

Despite rate cuts, we aren't seeing the lending market agree with their expectations on inflation.