Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.

For Airbnb, do i allow STR stays for the next three months and then block out the calendar beyond 3 months for MTR stays?  

Detroit is very much a block-by-block city, so having local knowledge is absolutely critical.

Roof white owned all hispanic.. hvac white owned white workers. dry wall  white owned all hispanic  insulation white owned all hispanic.. flat work hispanic owned all  hispanic workers,  floors and tile  Eastern block owned Eastern block workers speak no english do incredible work.

At yet another sale there was a brick row house/town house for sale that looked good from the street, but since it was in the middle of the row, to see the back of the house, you had to walk around the block and see the house from the alley, where the entire 3 story brick back wall of the house was laying in the back yard, and there was no back wall standing. 

My options are very limitted and the situation is very draining even I follow the bigger pocket advises and I unvested a lot of time in learning and also have years of experience with tenant.

The unit is within blocks of Harvard University and a billion other universities are within a few miles.

Lots and lots of research.Price points also help, block quality, etc.

If you are trying to do this in Newark, you need to know the market of that particular set of blocks so you don't overdevelop for the farm area.

Whatever you do, leverage smartly—DSCR loans can help you buy more without draining your cash, and depreciation will handle your tax burden for 2024.