There’s huge retal income potential if you nail that balance between improvements that wow tenants and improvements that merely look fancy but don’t justify higher rents.I’d also keep an eye on how your high end plan fits the local demand.

I am from some of the worst areas in Detroit and have since moved outside of the areas that would be considered “unsafe” but because I am from Detroit I am familiar with areas that are redeveloping and have great growth potential; lots of new construction, townhomes even, and lots of land.

Quote from @Christian Styles: Potentially able to help you find someone but I would need to know specifically where the property is in order to know who to recommend.  

Hey @Beau WollensYour numbers show a massive swing in potential profit, so refining your renovation estimate is critical.

If something does happen you can at least show AirBNB that you stated that there may be issues and the guests were made aware of a potential problem.  

Reach out if you would like to compare options or revenue potential for different homes and communities. 

I chose to invest in 1272 Lakins Rd, Etna, due to its potential in a growing market.

This signals long-term appreciation potential.

Pensacola is a great market for investing and the number of properties available right now is up so there are actually some on market properties with potential. 

It was in response to a potential emergency situation (ex: a water heater in one of my units was leaking and they paid a little over $2,000 for replacement).