@Makani Donaldson it all depends on your investment goals.If you buy a Class A rental, it'll usually have negative cashflow, which will be hopefully offset with appreciation and better tenants.If you buy a CLass C or D rental, it should have pretty good cashflow because you may not realize much in appreciation and you'll have a lot more problems finding good tenants.

So many strategies available to you to start out with, a big part of it depends on if you are looking to be hands on or continuing to pursue other opportunities at the same time. 

Currently preapproved for $400k but want to stay under $350k if at all possible.

I have never come across a situation like this so I’m reaching out to get some advice.

Power wash the front of the home at least.

It's fantastic and there's a great mix of investors at different stages there.2) Join the Metro Detroit Real Estate Investors Facebook group.

start with having good data.....a good list

But, the appraiser is looking for comps that have already been updated.

I wouldn't have any interest in buying something like this to hold since it would be so far negative cash flow wise on a monthly basis.

I have been seeing a lot of questions in groups recently regarding how to price your STR, how to increase occupancy, and ultimately, how to make more revenue each month.