It seems like the perfect place, BiggerPockets, for finding people who are like-minded, asking them questions, and learning how to become a future investor.I believe that no matter how unforgiving the market may seem, the right tools, knowledge, and preparation can help minimize risk and create opportunities.

Personal Circumstances: Consider your comfort level with debt and risk.

.- If you build a good/great portfolio, you will have multiple exit options you can evaluate annually or whenever.3) Don't overleverage beyond your risk tolerence.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Run your numbers based on youre required return given what youre likely to have to spend and the amount of headache, risk, and work you have to do.

Check AirDNA for demand, pricing, etc.The Dekalb Board of Commissioners has proposed regulations for short-term rentals. https://engagedekalb.dekalbcountyga.gov/airbnb-dekalb-countyShort term rentals require you or your property manager to be hands-on and come with more risk.

But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.

The risk is far lower, with a better ROI.OR you can consider learning about government contracts and performing lease matching. 

Quote from @V.G Jason: I don't understand borrowing money to borrow money.Especially in this environment, why take that risk?

But in general, your biggest risks are not necessarily what's the maximum rent you can get, but can you find a reliable tenant that will always pay and pay on-time.