Here's my takeaway from the market:Smaller, less impressive cabins are pretty over-saturated and unless you have a big view (or water frontage) to really make you stand out, you will struggle.  

When you can access the opportunities first, you get to analyse and find the best deals first which means you have the broadest selection with minimum/to no  pushback from the lead.Unfortunately using PS guarantees you will not be at the front of the queue and certainly not first mover.

As for selective screening alone, even a property manager told me “even doctors sometimes stop paying”.

Suzanne, This is impressive - love to see deals being made in my local market.

I now live back in CA, and my portfolio runs fully managed, but getting there took a lot of legwork upfront.A few things that stood out from your post:•If you’re focused on appreciation over cash flow, you’ll want to be highly selective in Detroit.

As the property manager, it concerns me that the software does not allow me to select message timing and verify content of communications that are sent directly to MY tenants.  

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I told him, "Friend, the impression I get is that Clayton would cook and eat your kids if he got the chance."

I was contacted by a real estate coaching company and they told me I’d been selected to “apply” for their coaching program.

Virtue is impressive.