@Jesse Streng Great that you want to invest in the Detroit area but I encourage you to come to the city and spend a weekend here to get a feel for the market.

The city offers more affordability compared to the DMV area, with many renovated homes selling below 350k giving you a better chance at finding a property that fits your budget while avoiding sky-high prices.

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

Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.

Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.

I did not realize one of my units had the 7-night minimum but that currently is a requirement in my city, I do not always follow it.

MHPs are an eyesore, and board members of every growing city can’t wait for a developer to bulldoze the park and throw up some condos.

I believe Alexandria city allows it but portions of Fairfax county do not allow it. i would go option 1 personally. 

I use Beyond pricing in my vacation rental markets and Pricelabs in my city/mid-term rental markets.

Quote from @Reyna Ayala: Hi first time landlord to a duplex in new city.