There has been some compression but not nearly as much as expected.One strategy to develop a return greater than the market cap is to develop properties that are suitable for coach houses / laneway houses.

Does anybody have the name and number of a solid realtor in Detroit who is able to recommend suitable houses for fix and flip in good areas of the city. 

I think Big Bear might be more suitable for this kind of idea, but frankly the ski terrain there is so uninspiring (and I love the eastern Sierra much more).

Give proper notice, Give a " if you are able to relocate sooner we would be happy to prorate any rent and will give you a additional $$ move out allowance along with your full security deposit if unit is left in clean and suitable condition. 

So a condo would be more suitable for a Airbnb, than a actual house?

If it's resident owned and there are not many other MH's around it it will be very difficult to find suitable comps.

The bill defines "short-term rental" as the provision of a room or space suitable for sleeping or lodging for less than 30 consecutive days in exchange for a charge for the occupancy.

Finding a suitable accountant and attorney is going to be a challenge.

It would be much less stressful to sell the property, pay the taxes, and and reinvest in something suitable and appropriate when you find it instead of having to locate it within 45 calendar days.

Which is why you want to make sure to screen, screen, screen upfront and make sure to have some minimum tenant qualification standards suitable for the area and price range your rental is in.