But it's really a matter of personal preference and your business model.

Also, with DSCRs, you will not be able to use the property for personal use at all.

Honestly, get on-line and read, buy a book, or talk to a knowledgeable person and you will be further ahead.  

I personally worked all around the cities right outside Detroit; Warren, Roseville, bad side of Southfield, bad side of Sterling Heights, etc.  

For STR, this is not really an issue, as most STR's 3x the LTR rental income.Also, curious as to why you would want to go Conventional and impact your personal DTI, vs. just going DSCR?

Sara Cunningham yes it will be our personal property.

Providing personal access is defined as a ministerial act.

There's probably no "do this" and it works for everyone so keep gathering different opinions.The way I view a "good deal" might be different than how you view a "good deal"...so let's look at it from an "average" person's perspective.  

We just got disinterested after that due to our distance away and lack of being able to search for property in person.

The idea that the very thing I enjoyed most could potentially make me financially free one day seemed to breathe life back into a confused, lost 16-year-old.For over a year, I continued to watch, listen, and read about real estate investing, as well as study to take my Michigan Real Estate License exam.