If that doesn’t work, requesting a second appraisal is a calculated risk, but the potential upside might justify the $1,000 gamble.

My only concern is searching for the rent to value "1% rule". 

My out-of-state clients love it here because you can still find cash flowing deals hitting the 1% rule with lots of appreciation potential.

Rule of thumb: I've been told "Never fall in love with a property".

You don't ever want to double book and have to cancel one of them.And the guest giving a phone number in the first message like in your original post is against the rules and the guest knows it. 

Section 8 can be a profitable and reliable resource but it is 'their ball, their court' so know the rules first.

Esprit if it's causing issues with other (good) tenants and they aren't following the rules of the lease I wouldn't renew.

If you both make 500k W2 in silicon valley, you can invest in either Chicago or Milwaukee - that's enough of an economic delta to justify the above.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

I am leaning on local first for my next investment, but not ruling out an out-of-market opportunity.