Feel free to DM me and I can give you details on properties I have that are going to hit the market. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Feel free to send me your preferred contact details or schedule a time that works for you.Looking forward to connect! 

Happy to add more detail if necessary.

Quote from @John Brown: Quote from @Katie Miller: Are you saying you would long-term rent it from your friend and then run it as a short-term rental? 

Can you share details?

or what details can you share about how you package everything together...that would be great information for the community!

The more detailed info/numbers you can share, the better!

I think it would be better just to stay on good terms and let him know you will contact him when you are ready to sell.

I bought these two houses that were next door to each other with a partner using hard money (3pts, 13% interest, and 1% extension fee every 3 months after the initial 6 month term).