Short-term rentals are popular around the downtown area and surrounding neighborhoods, mid-term rentals are common to target traveling nurses and doctors from health facilities like Nationwide Children’s Hospital.I’ve also spent time living in Cincinnati and it has a lot of unique character.

Detroit is very block-by-block, so knowing the dynamics in the area you’re targeting is key.2.

In 30+ years we've been sued 1x (legal blackmail over a tenant's drunken trip/fall) which the insurance company settled for $1,500.00).We've been using some privacy tactics to keep our names off the county recorder and the target off our backs.Further, we review our insurance coverage and premium annually, just to keep on top of any changes.As with all insurance, it seems to be a waste of money... until you NEED it!

I’d also look at local amenities, school districts (if targeting families), and proximity to major employers or transportation hubs.

Who's your end target?

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

That said, the demographic targeting offered by the platform is quite nice.

You sell when it fits with your original business plan (targeted NOI is reached, timeline is reached, etc.). 3.

Its good that you've already established some target markets, I'd recommend diving deep into 1 or 2 markets, then branching out. 

I am not sure there would be enough margin in this to support your goal.We know people are not lining up to accept section 8 so you could build housing targeting that group in some locations.