Just make sure you try to househack in a desirable area where people will pay a high amount per bedroom. 

They are high on a percentage basis in Detroit, but relatively low on a nominal one.

I plan to put two duplexes on the property but with this high appraisal is there a smarter thing to do to pull that money out of it or just use it for better collateral for the construction loan most banks will lend on the transfer price within a seasoning period. we face the same issues for land entitlement and development.

III. 35% of the high-demand prime commercial space (~10,000 SF) was vacant at close and was never marketed for rent online.

Hi Thu, self-managed STR owner in the California High Desert and realtor who has helped several clients purchase properties for the purpose of renting on a short-term basis.General questions pertaining to the overall STR landscape should not incur a cost when directed at a PM/co-host.

This is what we have recently purchases for both 2 and 3 bedroom homes LG 7.3 Cu. ft model DLG7151W , washer LG 5.0 cu.ft. high efficiency top load washer (no agitator) model WT7150CW. dryer LG 7.3 Cu. ft model DLG7151WThe Cleaners love them and recommend them to their other clients to purchase.

We will continue to have an influx of transplants from high tax, high regulation states like CA and NY. 

Federico I would HIGHLY recommend Dave Meyer's book Start with Strategy!

If nobody is going to bid that high the lender simply takes the property for the minimum bid.

It should be noted that this is a coastal town with a high appreciation rate.