The health care tenant though isn't paying hotel rates normally if they rent from you. 

The area is always expanding the business district as well as downtown, from Access to low cost regional talent, competitive real estate cost, strong work ethics and excellent facilities for sports, shopping, leisure and healthcare.

@Darrell DegraziaWe love Metro Detroit (my rental portfolio is here)The trick is to know what to buy and not be tempted by the ones you shouldn’t lol.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

@Joseph GaryWe love Metro Detroit (my entire rental portfolio is here)The ticket is just to know what to buy and not get tempted by the stuff you shouldn’t lol.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

The economy is quite diverse, health care and manufacturing are significant, but no single dominating company or industry, which is something I really like, Unemplyment is exceptionally low at 2.6% to the point where companies complain that they can't bring people in due to a lack of housing.

That doesn't even take into account new social programs like universal health care, student loan forgiveness or UBI.

So if they know that the washer, the dryer, the range, and the refrigerator are guaranteed to function or be replaced by the landlord if anything goes wrong, it's an outsized plus for them versus just the dollar amount it costs for me.I've talked about this before, but most of our tenants work in health care.

I took a leap of faith and left the health care industry to attend real estate school in January 2020 and received my real estate license for the state of Delaware in March 2020 (three weeks before the pandemic shutdown). 

Over the past few years, Phoenix has seen significant growth in industries such as technology, healthcare, and finance, which has led to an influx of high-paying jobs and a growing population.

The cost of housing, transportation, and healthcare in Durham tends to be relatively lower compared to many other parts of the country.