Scenario 2: Two short-term investments:Let's start another short-term investment with the same terms, except this time we get $2k + $253 + $253 = $2,506 / month to go to town.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

@Jacob Riddle What about something like this: https://www.realtor.com/realestateandhomes-detail/2518-N-Che...?

So appreciate your thoughtful and detailed response. 

What should I consider about the purchase price, interest rate, and other terms? 

Long-term wealth is it's superpower, and yes, you have a little cash flow to keep the lights on. 

From what I’ve read in The Economist, short-term construction loans or hard money financing could be a great fit to cover the $90K needed.

If you are willing to do some work, you can force appreciation, capture some equity, which boosts rent-to-value.In terms of areas to avoid, I would stay away from the East side, particularly anything along Post road between Pendleton Pike and I-74. 

reach out to me if you'd like details. 

I'm passionate about creating secure, long-term housing solutions that balance tenant stability with strong returns.