Higher property values generally translate to less cash flow though you're often renting to a stabler base of residents.  

@Nerissa MinnickWe love Metro Detroit (my rental portfolio is here)We recommend trying the suburbs first and then can alter strategy from there.

Headline could easily be “Record number of people make life altering financial mistake not buying while homes ‘were affordable’”.

The banks #1 priority is maximizing monetization of the REO, and that does not always translate to selling at that moment. 

It has to do with the fact that the bank's risk is greatly altered by the sale of the collateral to which the NOTE is tied.

I'd suggest going for something that translates into real estate, like accounting.That being said, if your drive for entrepreneurship is that strong..get right into it. 

Before signing::Have your personal Real Estate familiar attorney read the purchase agreement and loan documents agreement to protect yourself.There is NO "boilerplate" agreement that cannot be altered; carefully read and understand application of every wordIn R.E. transactions of this nature ALL things are negotiable. 

You don’t have to go through agents that are, anyway, notorious for missing things in translations and screwing things up.

I figured it would translate well into hosting short term rentals. 

Sometimes there are people on the forums that have great knowledge... but translation of knowledge is so important as well.