Whether it’s understanding the new legislation or tackling the day-to-day management of your property, it’s worth having a conversation to see what might work best for you.

We also have some buildings that are single family conversions not built with seperate utilities. 

Reverse Mortgages (HECM or Home Equity Conversion Mortgage) can be a FANTASTIC tool! 

The ones buying OOS that I've talked to at length have been mostly Indianapolis metro area (where my OOS properties are) - someone wanting to buy in Texas wouldn't be talking to me for an hour long conversation.

I'm a newbie tooSelf education through books is a conversation between the author (mentor) and you.You'll gain knowledge, connections etc but it takes timeAttending meetups, listening to Youtube videos on subject matter further broadens knowledge base

It’s a market with its own set of challenges, but it’s also packed with opportunities if you understand the nuances.Happy to help if anyone here has questions about Detroit investing or wants to explore what’s possible in the market.Looking forward to continuing our conversation, Mattin!

Thanks to all of you guys for starting the conversation.

Might want to start that conversation with the lender if this looks like a possibility.

My tenants are decent people and I let them know that I hate these kinds of conversations and if other people are complaining then clearly there is a pattern here that is wrong on their end. 

@Jae Jun: Although the conversation has changed much, and toned down regarding proposed restrictions, the plan from jump has been to allow anyone with an existing STR, so far defined as a place that's been rented STR at least 2 consecutive days in the last 6 months, to get a permit and be grandfathered.