@Susie LoweHi Susie, you have probably seen that Lakeland, FL is a popular investment city these days, some of the reasons for this is that Polk County/Lakeland is ideally located centrally to Orlando and Tampa, we have many warehouses strategically located throughout Polk County, to include warehouses for Amazon, IKEA, RoomsToGo, PepsiCo and Publix which make this area strategic for distribution throughout Florida, not to mention Publix is headquartered in Lakeland, and we also have a large presence for Coca Cola bottling and Juices in Auburndale, FL which is about 10-20 min from Lakeland.Lakeland is also home to the yearly SUN 'n FUN held in April, which is Florida's largest annual convention, which spans over 6 days on 2200 acres, and it has been recorded to have had a $64 Million direct and indirect economic impact on the I-4 corridor (From Tampa to Orlando). https://www.flysnf.org/about/I have been investing since 2002, and my investments are mainly in Lakeland, Bartow, Auburndale and Winter Haven, I also like Lake Wales and Haines City, there is good population growth, and high demand for workers in these areas, of course keep in mind we are in a pretty descent economy right now, whatever you look at, make sure the numbers make sense, and if you purchase something, leave enough room for an economic downturn, I see many outside investors purchasing at higher than normal prices, because the prices seem cheap compared to other markets close to Lakeland, but this can become a trap if the market shifts in a negative direction.I would be glad to help you with your search

There is a big difference between someone who can strategize with you, and an order-taker. 

Do you suspect they are lying about the supposed appraisal in order to pursue a "strategic foreclosure" which benefits them more than a short sale?

I know a couple of lenders that could help you figure out the best moves - one is on the commercial side (5 units and up) and the other is on the residential side (1-4 units) - the latter and I have done over 150 deals together, and I know how he works... taking your info, and goals into consideration, and helping you strategize the best move. 

always invest for short term or long term return and have a strategic non speculative plan of action.

Perhaps even meeting with your neighbors before you launch your strategic plan...they may change their minds.

"We are as bullish as ever on the future of Detroit and will continue to invest in properties we believe strategically fit our mission to transform the city."

I'm looking to duplicate this strategically moving forward.All future investments in the STR market for me will also have to be cash flow positive in a LT strategy as a backup plan, as will equity in them.An often overlooked side benefit of STR is that you've got eyes on your property a couple times a week. 

FAE = franchise AND excise taxesthere is a tax on holdings as well as income in TN.this is the primary reason I believe LLCs in TN should be used strategically.

I've been strategizing and planning out the downturn for years, and I actually look forward to it here locally.