Hello BPers,I am an investor investigating the eastern Michigan market for flips, short term rentals and buy and holds. 

"TaxMaster 2023"   :) We have supply chain issues in our country, not he least of which is a shortage of truck drivers.Flipping through tiktok (hold your laughter until the end, please), guess what I saw on tiktok "live," with THOUSANDS of viewers? 

I was able to negotiate about 10% discount that was purely circumstantial, I'll let time do the appreciating passively instead of running a 6 months construction project with holding cost.

This property will be the first of many, and we hope to continue scaling in Cincinnati over the next few years.To start out, our plan is to buy and hold a cashflowing 2-4 unit property using a DSCR loan.

Long story short.. they inflated rent projections, sliced corners on property management, and almost left him holding the bag when the actual numbers came in.Vetting a syndicate means getting cozy with the sponsor’s track record, verifying their underwriting approach, and understanding whether they’ve handled rough waters before.

I simply went to Wells Fargo (Wachovia at the time) and asked for a trust account so I could hold deposits.

Property Appreciation: For long-term holds, I always compare rent growth with broader market appreciation.

To streamline the process, I want to ensure applicants qualify before scheduling a viewing.It would be beneficial to implement an AI-based system to consistently and efficiently ask prospective tenants the pre-screening questions I currently ask repeatedly.

With multiple units, you’re less exposed to vacancy risk—if one tenant moves out, you still have income from the others.If you’re leaning toward long-term buy-and-hold, multifamily might align better with your strategy.

I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money)  we dont broker or anything like that.