I can see some folks allowing it, but I doubt that many here would allow it.

Large companies and equity firms obviously have more resources at their disposal than a small investor, but to me I couldn't help thinking about all of the tools and extra benefits we get as small investors.

My options are:-Refinance now and foot the extra bill and stay in this current home (I would be footing all future closing costs) and pour most of the money earned from the other sold home into the one I currently live in. 

I personally own 12-doors in Detroit proper and I'm happy to send folks resources about the market there and/or chat about my experience.

And don’t mistake on purpose actions for meanness or lack of sympathy   My job after all of the diatribe and crap is to produce the highest level of profitability possible   It’s not to make friends     You make some great points, but for the folks in the procrastination stage, what do you do with them?

We drew a line in the sand and wouldn't deal with folks like this but the reviews took a beating.

But again its about recommending to them to pack a sufficient food and drink supply if a storm is possible.We also to try have ice melt and snow shovels on hand, extra blankets and stuff like that.To mitigate some of this think about a full time back up generator to keep the power.  

Sure, you can make your unit extra special through design or amenities but when most of your competition is similar in size/shape, those extra items can only warrant so much of an increase in ADR. 

For results, RE cost seg (our partner for full transparency) built a calculator that allows folks to see conservative and then more aggressive estimates.

Bring in more money by charging extra rent and taking care of it yourself.