Hello everyone,  My wife and I are travelling down from the metro-Detroit area of Michigan, to both St.

All those states' metros are going to have a relatively tough time "cash flowing" with minimum down and standard LTR.  

The Market Context:The area I’m working in is not a large metro but a poorer region where issues like food insecurity affect 14–20% of the population.

I would love to here from anyone who has done something similar to this, especially in the Phoenix Metro area, but even someone who has done this in another state, might be able to offer some insight.

*PS  Many people do not realize that the City of Detroit is a fairly small portion of Metro Detroit.

The definition seems to be: "if I can think of a worse neighborhood then this must be a C".My definition is to look at the median price for the city or metro area.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

My metro STR is much cheaper(180-280 nightly) and in the “burbs” which tends to be working class clientele, which is okay.

And these were Portland Metro assets so NOT low value mid west assets.. we did this until the law changed and it was illegal to buy pre foreclosure and rent back here in Oregon..

One of the smarter recent strategies is the owner is living in the ADU and renting out both levels of the main house on AirBnb.I invest in the Bay Area and Indianapolis metro area (Class A suburb and Class C).