@Shachar Naimyeah $800 vs $2,000 is a large range

The long term goal at the subject property would be to add an ADU to the large side lot and have 2 units OR sell and purchase duplex/ 4plex. 

I believe they ignored it in large part because they financially benefitted by advocating that STRs are recession proof.  

Richard Gamble hosts a large meetup in Knox. 

They make things way too difficult compared to a simpler, DSCR solution.The type of lender also plays a large role here. 

What lists are you targeting plays a large roll also.  

How much capital do you have available, since even if you successfully syndicate a deal, you are still out of pocket for earnest deposit, due diligence costs, formation costs, etc until you reimburse yourself from the raise.

Like others have mentioned Detroit, just like most any large cities, can be very street by street especially if you're chasing cash flow.

.--- Tactic 1: Long-Term Vision: Bren focused on large-scale, long-term developments, creating entire communities.--- Tactic 2: Quality and Aesthetics: He emphasized high-quality construction and appealing design, enhancing long-term value.--- Tactic 3: Strategic Land Acquisition: Bren acquired land in strategic locations, often before areas became highly desirable.3.

It's very similar to what wall street firms are doing in large markets like Atlanta or Phoenix.