If you want to invest in a self storage syndication, I recommend you consider Paul Moore with Wellings Capital.

If you’ve invested in a syndication, I’d love to hear your experiences.

You should see some of the houses I've rehabbed or walked. ya thats maybe a 5 on a scale of 6.. the really bad ones you need a resperator to go into them.. and people worry about a little dab of mold these folks live in a petri dish.

DSCR loans carry Prepayment Penalties, so unless you are comfortable staying in a 9%+ rate for 5 years, I would suggest just going with a normal 20% down DSCR. 

The numbers don't make sense to me, based on their descriptions.The most dubious is "First page search impression rate"Airbnb defines it as the percentage of time your listing shows up in the top 10 results when a guest searches for a location/date.I have 30 listings in a market with 20,000+ homes available, and they all have a "First page search impression rate" of 40-60%. 

BUY in a better area if you want Detroit all these cities have better areas and outcomes will no doubt be superior over time as opposed to taking on these risks.

Write targeted letters yourself saying you own and live in a multi in the area and are looking to expand.

To echo the rest of the group, if you're planning on holding the property, a DSCR is likely your best bet, assuming your investment property is in a rental area that supports the debt service. 

I am curious if anyone has had success in other areas let me know.We are thinking of relocating as it looks like there is no end in sight for this.If you had 250k to spare or sitting in a non interest bearing account, you could look into the hard rock hotel condos.

.: Quote from @Tim Delaney: That seems odd to me assuming you aren’t in a highly negative cash flow situation.