@Philip Beckwith typically in Michigan, you can only do a tax appeal in February.The instructions will be on the back of your winter tax bill.You will need to have great comparables to challenge the City Assessor's valuation.

One of the other factors that kept me from pulling the trigger is that the city has never passed any real STR regulation.

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!

Some cities you need to register.

Absolutely, the passive income from owning rentals is great but I also love getting into big projects and seeing the transformation from start to finish@David Jesperson What city/market are you looking to buy and what type of properties are you looking for, SF, 2-4 MF, or 5+ MF?

Quote from @Hedman Maximus: I’m thinking about 1031 exchange , the town is a sleepy town , the same contractors and good tenants don’t last that long Where would you look (what city) to do the 1031, NYC?

However, I’m open to exploring opportunities in other cities or markets if the numbers make sense and align with my investment goals.If you know of any deals or markets worth considering or maybe even a deal lines up, I would love to know of it!

I used to help manage 30+ STRs in the city with a McSwain Management.

The platform's main focus is processing mortgage documents in their raw form to extract specific financing terms for all properties in the city.

Let's say the city cites them for violations and they rack up penalties and fines.