MI has a lot of potential for STR's but regulations are changing rapidly.

Maybe it's always that way, but I used to have more of a finger on the pulse when turnover was more rapid.

Selling a lot takes time, you maybe won't find a seller of a duplex wanting to wait for you to close in this rapid seller's market. 

The most aggressive way to do this is with a cost segregation study, which lets you rapidly depreciate many parts of the home.

Don't believe me, oh-man, just wait until you have REAL Landlord problems, like evicting a tenant because there meth-fueled adult-child moved in and is rapidly destroying the place, only to get it all done over months and receive back a human-feces painted home, copper stripped, destroyed everything......

It seems the northern part of Suffolk is growing rapidly.

I'm not sure if you are familiar with the sports above, but you are attempting the equivalent of skiing Corbets Couloir, mountain biking Portal, or kayaking a Class 5 rapid on your first attempt. 

Hello Grand Rapids investors.

However, the rapid influx of new residents, coupled with insufficient housing inventory, has driven prices skyward, making homeownership increasingly unattainable for many.

I'm located in the Grand Rapids, Michigan area and am open to properties basically anywhere in southern Michigan (anything south of Muskegon from Lake Michigan to Lake Huron is fair game imo.)I now have a fairly large nest egg of cash beyond all of my other investments (stocks, bonds, treasuries, crypto) and I want to turn that cash into a real estate investment or investments and I think my deep background in tech, systems, and marketing should be able to help me substantially.It seems to me like BRRRR on multifamily units makes the most sense, but I'm open to suggestions.I'm basically retired at this point as the only work I do each week is 3-4 hours of consulting for larger tech companies and I'm on a couple advisory boards.What are the best first steps in building a team and creating the systems necessary to start making deals?