I agree - plenty of affordable housing but you are not going to find it in a major city or a very desirable area.

I do the majority of my leasing on Facebook and Zillow and I never ask for an ID.

Using a heloc as 1st mortgage really only has a major benefit if you have idol cash sitting around from your paychecks. 

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

If a unit does not having a living room (or the 2nd bedroom is used as a living room) and the unit does not have a shower, not only is the rent you advertised not feasible but why not point these major issues out on our walkthrough? 

Check out some of the great things happening in Detroit in 2024https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/

This could be minor, or major work that we wont know about until that inspector comes out. 

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).

As an investor trying to sell your flips, choosing design elements that the majority of homebuyers will love is important.

Any major bank has this account.