The art is in accurately projecting numbers, which is notoriously difficult.Forget complex investing strategies as someone new to RE. 

There is an much art as science in financial projections and numbers change with the market.  

In some older neighborhoods especially historic districts, the tenants look for older houses - they preferred the art deco bathroom tiles, the thick plaster & lath walls over granite countertops and stainless steel appliances.but class D neighborhoods are easiest to tell. 

If you don't want to separately meter for gas (which would be expensive but you would recoup the cost many times on a long hold), you are going to constantly be feeding this alligator of tenants wasting your money with liberal use of heat. 

There is the tactical "act" of underwriting, then there is the much more valuable "art" of underwriting.The act can easily be taught.  

Strong rental demand: With major employers like the Cleveland Clinic and University Hospitals, along with a growing arts and culture scene, Cleveland attracts a steady stream of renters.Revitalization efforts: Many areas of Cleveland are experiencing significant revitalization, which can lead to increased property values and appreciation potential.I can't comment on the Detroit market specifically, I have never been and have never done any research on it!

Drywall, for instance, is an art, you can't just watch a YouTube vid a become an expert. 

.- Personal Articles: Coverage for belongings that have a special or collectors valuesuch as Jewelry, Furs, Fine Arts, Collectibles, etc...Your age should not be a factor on the pricing but, depending on the company these other factors may get you credits:- Insurance Score (company pulls certain info out of your credit report).

And Woodland Park is not known as a big liberal city.Numbers sideAnd then there are the numbers, which just aren't as good as they were.-- The influx of STR supply has certainly brought down Airbnb revenues the last few years for everyone.

NJ is very blue, liberal, tenant friendly state.