There is optimism starting to gain momentum, which is not a bad thing but I think people need to be introspective and know that there is a lot that they don't know and proceed cautiously.

I enjoyed reading about the momentum you have created.

SFH, 50 unit buildings, 200 unit buildings; A/B/C assets; Value-Add or Momentum play, etc.)2.

Thanks for sharing keep up the momentum.

We are super excited and motivated to keep the momentum going in building our real estate business.

Even the biggest storms start small and build in momentum. 

There's some serious renovation going on now so it seems to have some upward momentum. http://detroit.curbed.com/archives/2013/08/the-slowbutsteady-revival-of-palmer-park-continues.php http://www.modeldmedia.com/devnews/palmerparkapartmentrehabdetroit011512.aspx http://detroit.curbed.com/archives/2013/10/epic-architours-palmer-parks-apartment-district.php http://en.wikipedia.org/wiki/Palmer_Park_Apartment_Building_Historic_District There are other neighborhoods aside from the more well-known ones near downtown and midtown that are doing OK-ish.

Get the ball rolling, you'll have momentum and when the time comes, you'll be ready!

I'm sure all of the factors you mentioned helped to gain momentum. 

I would be open to somewhat less desirable areas (not war zones, but not neighborhoods I would necessarily want to live in myself).Look for MFH rentals with the intention of moving into one of them (which would restrict the search to more desirable areas), and doing one of two things:Sell our current residence and pocket any gains to go towards the next deal, pay down the MFH, etc.Rent out our current residence (cash flow would be very thin or break even, but we used the homeowner credit in 2010 to do alot of improvements, and it requires little maintenance).In the end, I guess my question boils down to whether it's worth finding a way to get out of paying our current mortgage to live for free so we can really get some momentum, or just stick with what we have for a home.