If that’s correct, here’s my non-expert opinion. 

For experienced investors or for non-cookie cutter deals (heavy rehabs, low loan amounts, high loan amounts, etc) there are usually better options.

There are the obvious pros/cons of a duplex but then there are the non-obvious ones that come with being in Detroit.I actually have a fantastic article about this I can share but I'm unable to link to it in this post.

One is a non-conforming duplex, the other is a flip with lot split-development opportunities.

**Non-Disclosure Agreement (NDA)**: This can be useful to protect sensitive information about the deal or the parties involved, especially if you are working with multiple investors.

Transaction volume is basically non-existent.

those 3000 jobs would get coffee and need dry cleaners and cars repaired etc. 

If you want real yield or cashflow, you have to buy in a non-vacation market that is not top of mind for an STR.

Annual fee $25.PenFed - max 3 other properties, 89% LTV Regions- yes HELOC but no LOC SCCU Florida 70% LTV, 6.25% interest only, not LLC Sound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD Bank TIAA Direct was EverBank Tower FCU, all states except TX, max 45 DTI, green card ok.

A good host knows the local festival dates and has a handyman and multiple cleaners on call and ready to goa very clean house and quick turnaround are vital Im listed as a co-host but I pay a local host to do the legwork