Or people riding the AirBnB party bus, only to realize the numbers from 2020/2021 were an anomaly, the short-term market is saturated in some places, and cities are cracking down.

There are many investors and wholesalers in Detroit that will take on the ride, if the property is in the right spot.5) Find a wholesaler and/investor that can wipe your hands clean, and watch how they work.

I guess I could ride it longer till I am told to stop and then the annual pulls in very similar numbers.

In a similar fashion, if you can imagine how much landscaping is in a golf course as compared to the clubhouse, that will give you an idea why an extremely high percentage is allocated to land improvements. 

It's a working class demographic, but I see more and more yuppies every day and ride past them on my way to work in the Loop every morning when I didn't ride past any 9 months ago.

Granted 1) we're not having to furnish the entire place, 2) we can let it ride as-is for a few weeks while not seriously affecting bookings, and 3) we also have time to see what kinds of Black Friday/Cyber Monday deals we can get to save cost.I put us in the middle of the spectrum of cash vs time being most important because we'll spend more money to get the stuff but save time on the acquisition side. 

Hi Ryan,They are probably not window units, they are probably sleeve units (or at least they should be).Sleeve units are front and rear openings only, window units have openings on the sides also, and are not recommended for sleeve installs.Inventory them all regarding where they are at, (Unit Data) manufacturer, serial number, and age (figure it out on the internet).You should also include in your inventory, (Replacement Data) sleeve size, plug type (there are different plug types they can have), BTU and amperage draw includes heater function or not.Unless you have whole house surge protection the electronic ones MIGHT not last as long as the Mechanical ones, if you have a choice Mechanical (old fashioned controls) type seem to be more Robust.HUD gives a service life of 10 years for window and sleeve units.On a 28 unit building, if it were mine, I would have on hand (a replacement pile of) 2 or 3 replacements of each separate type (based on the Replacement Data types) ready to go.

@Daniel Hennek, Daniel first I would like to apologize for my emotionally charged response to you, you and @Jeff S are correct, your comments to my post were done in the manner and fashion in which members of BP expect and that is whether they are hard to hear or praising comments everything and everyone is just trying to help each other out in this vast world of Real Estate. 

Keep in mind if you sell prior to holding for a year you get hit with short term capital gains vs long termIndex funds are generally regarded as fitting for longer term investment timeframes to ride out the ups and downs.

If so, chances are you’ve done a ride or two and have a favorite instructor.