Inside - No.Outside yes if you need it to be competitive.

We have an existing mortgage (backed by these 2 lots and 2 others) and given the increase in appraised value there is no need to pay anything back to the lender when selling the lot.

if so you will need multiple properties - don't believe all you hear about the cash flow in Detroit. 

The property was dirty and needed a few updates to attract renters.

Location is crucial for short term rentals and it is better to fit the majority needs than to be a specific kind of rental.

I’m a DIYer who is really needing an extra set of hands for most things.

Just needed for some tips on saving and managing money better .  

Either way, the property will cash flow like crazy once my unit is rented.I have enough capital to get into a bigger property with low money down and am seriously considering a triplex or fourplex for the next one.Here’s the issue: My lender (local bank) says I need to be fully moved out and have a lease in place before they’ll proceed with my loan.

Need to keep that cash moving!

.✅ Set aside funds for legal or professional fees if needed.4.