While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

I saw how fast the city was growing and decided to make the jump.

I have a client in Kansas City that looks for very similar deals in his market.

One is in National City, another in Grant Hill and last one in Fairmount Village.

I am not a lender, I'm an investor that typically buys major city-center multifamily. 

We are in the top 10 fastest growing big cities right now, so families and singles are constantly flying in to check out the area.Raleigh allows short term rentals if you apply for a license.

There’s a smaller hospital nearby and a large one the city up but I don’t think the nearby ones cover the point you’re making.

But I do know our city needs a lot more of the first type. 

You need a siteplan that you can present to the city.

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!