But now I'm thinking of renting the whole house and getting a cheap apartment to save even more money.

Highway hotel on busy 35 highway. 19 hotel rooms plus owners apartment, large laundry room with commercial washer and dryer, large parking lot, front desk, lobby, roadside sign.

After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.

If you have questions about getting started in Detroit, post your comments below, or feel free to send me a DM!

I tried it in an apartment complex and it was an absolute dumpster fire and lost a lot of money.

You should invest where you feel you have a competitive advantage.

i feel like the local FB groups will not allow me to advertise my STR there because they would label it as "soliciting".. any way to get around this so that it doesn't look like i'm soliciting? 

2️⃣ What’s the best team deal you’ve ever been a part of?

Resist the temptation of a cheap property/market.It's also going to feel like you are not making any progress in the first year or two.

I have been looking at sf homes with comparable SqFt to one of the units, as well as the units combined to try and get a feel for what this is worth.