The STR is in the same neighborhood but is in a slightly better location, beach block vs 2nd block.

I will look at a few factors, rent for area, total mortgage payment with property taxes( which can be crazy in Detroit), investment in neighborhood, I like looking into places where they are building homes and apartments that attract young professionals or families , and also looking at potential to make a single family home into a duplex or something can add an adu or transform a basement to a studio apartment!

That being said, one of the walk ups ended up being a great tenant for another property I had, so definitely not all bad assuming it’s in a decent neighborhood. 

Make sure to conduct thorough due diligence on the areas you're interested in, including neighborhood dynamics and the condition of the properties you're considering.

A broker can do your shopping and they typically look out for their clients (you) An agent is looking out for his employer (not you) Make sure to read the fine print on your policy.

Currently, East English Village home prices are up, and the neighborhood committee is committed to building up the area.

It's a great area within walking distance (5 minutes) to shopping, grocery, coffee shops, and historic neighborhood, and about 5 minute drive to downtown.They are asking $695K for it.

If you haven't already, look into insurance relocations. 3/2s and above are the sweet spot if the property itself is really nice and in a good neighborhood.

Our counsel previously advised we are legally entitled to a greater amount including all lost rent until the home was re-signed, cost of lock-out, cost to clean up house, physical damage, ect.For context, this is a solid house in a decent neighborhood and we never had prior issues with the tenant. 

Are there more buyers than houses available in the neighborhoods you're considering?