Just keep an eye on how both markets are performing, and maybe start small, like taking out $50k, so you can test the waters without over-leveraging.

We did 'win' one at auction that I could not enter without my eyes watering & dry wretching, but the young couple I hired to gut it had no problem.

Expanding your marketing to platforms like Craigslist, Apartments.com, Facebook Marketplace, and even Instagram could help get more eyes on your listing.

If the owners and the property managers are not getting along or seeing eye to eye there is no reason to trap either party into a year-long contract.

An uneducated eye may think that's a silly statement because there appear to be a ton of listings in Detroit.But many of them aren't worth buying.

Im sure the cost is a hard pill to swallow but try and keep your eye on the long term prize of making $ on a thriving STR biz.

To be fair, I literally did no Due Diligence, but it open my eyes how you can't trust the promotional blabla at all, you really have to do a detailed review of all the deal facts yourself.

My eyes are now wide open.

I greatly appreciate this and I will be keeping my eyes open!! 

However, as I said the "big D" has left me in debt up to my eye balls!