What kind of airbnb would this be - for traveling workers, vacation spot, tourist spot? 

I’m sure a lot of you know the market is booming here and it has been difficult to decide which route I should take that would make financial sense and put me in a good spot to build my portfolio moving forward.Here are the current options I’m considering: • Option 1 House Hack: Purchase a multi-family, live in one and rent out the others.

You might not want the business there long term and find a better spot and then can you rent it out and cash flow for what you are purchasing it today for?

Hey Jesse, it seems you're in a very good spot with lots of options.

At least, that is what I did when I lived in SE Asia and rented a few spots. 

You may have a soft spot for them but the feeling is not mutual, they’re playing you.

I’ll check out those spots you recommended.

I'm also hopefully still closing on a new acquisition here soon (delayed due to probate).The areas you're mentioning in Detroit are great, but it's unlikely you'll see positive cash flow purchasing something turnkey in those specifics spots.

The owners are feeling pain from their property it could be the children who inherited the property, poor management leading to deferred maintenance, vacancies, and many other inefficiencies.Most owners in this spot are looking for a way to end the pain they are feeling and many will take a path that solves their problems and gives them something in return to justify the sale.

AH  hybrid not exactly a tenant but not a squatter in the sense they they broke in and claimed residency.. there is a lot of this in foreclosure stuff.. where folks in CA buy at court house and the home has squatters in it.. they know going in its going to cost them some money to get them out. your probably aware of the new law in FLA and I think GA.. that just was signed into law giving the cops the right to come out and arrest them on the spot if they deem they are there illegally..