Here's the problem: They are not a sustainable asset for most to own; they are difficult and costly assets to exit through a sale; if you achieve favorable refinances, you may be able to use those funds to buy other (hopefully better assets) but are now faced with operating highly leveraged bad assets. 

This home was located in a zip code that is notorious for its ultra-modern design (though those homes are still sitting for sale).

Neighborhood revitalization projects, major corporate investments, and an influx of small businesses were all happening at a pace that made it clear the city is on an upward trajectory.From an investor’s perspective, Detroit offers a unique combination of affordability and opportunity.

They try to get investors to focus on the ROI numbers they promote, not comparable sales.

To evict a tenant based on a lease violation such as hoarding would require you to notify them and then give them an opportunity to fix the situation.

Any sober living investors out there willing to let me pick their brain on how to underwrite a potential deal?

Demand is very high, both for rentals as well as for sale and this is probably not going to change.

South Florida has plenty of solid investment opportunities, especially with the right network.

It's been so bad here, that I bought an STR in Indiana with another business partner in 2024 because there are minimal opportunities here - unless you have the ability and budget to extensively source off market properties here.  

It's up for sale in the classified section of this site if anyone is interested.