Also, for me 30+ bookings tend to be less profitable even though there are less vacancies.  

Even minimally.

Or should I stick to my original strategy and maybe even start looking to refinance soon?

I've bought several in the past few years at 8-10 caps and they have decreased already and the market is not even booming yet.

The key difference, though, was he spent months carefully getting to know the local architecs, reputable builders, and even a couple of niche design firms that specialize in modern builds for mid- to high-end buyers.

If you have considerable equity in the property or multiple properties it's even more important.

They won't touch it with a 10' pole unless they know you very very well and trust you even more. 

If the tenant is from another state, a background check cost of up to $25 may also apply (sec. 704.085).It is unclear to me if I am actually in breach of this rule by charging the tenant more than the $25 limit, even though it is through a third party.

On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.

,Renting your primary home back to yourself isn’t typically allowed by the IRS for tax purposes, even if structured through an LLC.