I lived in Michigan for five years before moving back to California, so I’ve seen firsthand how the market has evolved.A few things from my experience:•BRRRR still works in Detroit, but it’s not as easy as it was a few years ago.

On the positive side, since it is in a pretty decent location, it is fairly easy to keep these rented.

The purpose of the above questions will be evident below.1.  

Easy decision to get rid of these tenants.  

With the run up on RE prices and boom of STRs over last 5ish years people have been led to believe it is easy and leveraging has minimal risk.

I don’t think so, but I’m interested in seeing the evidence if you can produce any. 

@Caleb Genry I'm looking for a easy to use spreadsheet as well.

I’ve heard from many (non-experts) that I’d need to stay for at least 5-7 years to avoid taking a significant financial hit, but that feels like a waking nightmare given how much this issue affects me.Financially, renting it out isn’t an easy solution either.

Shopping your insurance and protesting your taxes are a couple of easy things you can do to reduce expenses.  

It looks easy, right?