This is what is happening:-Littering on my property ON CAMERA-Harassing me by calling the city and making bogus claims about heat, then refusing to let city in, to see if its true or not-When they call the city about one issue, they will rattle off a LONG list of things they should "look into".

.) = $150,000 Total investment = $370,000Average price per square meter (with remodel) = $1,480Average price per square foot (with remodel) = $137.54 bedrooms4.5 bathrooms2 glass enclosed patiosAnnual property taxes = $1,700 per yearMonthly utilities are about $300/monthAdministration (HOA) is about $200/monthCable+Internet package is $50/month, I pay for fast speeds for remote workers and digital nomadsAnnual insurance is approximately $835 for the year and provides complete umbrella coverage for $1,000,000The full-time housekeeper is $425/month and helps with all cleanings between reservations, but because she handles two properties, her cost average per month for this property is really about $213/month.The maintenance guy is paid ad-hoc and as needed; I estimate only about $50/monthMy overall cost of ownership is low totaling about $975/month. 

More than knowing definitions, it will be important to understand context.A great way to practice using them appropriately is to create flash cards and with the word on one side, the definition on the other, and when you draw a card you use it in a sentence or try to explain it to yourself in front of a mirror or on camera.

Quite a few are still double digit appreciation...but tbh the days on market is a little longer than what they had been this time last year.

Are these digital nomads? 

4 deals right out of the gate, I dig it bro.

Penthouse specifications:Purchase price: $315,000315 square meters = 3390 square feetAverage price per square meter = $1,000Average price per square foot = $92.653 bedrooms4.5 bathrooms1 services room (for a housekeeper or nanny)1 patio, 1 balcony, and 1 rooftop terrace Annual property taxes = $1,650 per yearMonthly utilities are about $360 with short-term rentals, much higher than they are with long-term renters which typically average $180/monthAdministration (HOA) is about $310/monthCable+Internet package is $51/month, I pay for fast speeds for remote workers and digital nomadsAnnual insurance is approximately $300 for the year and provides complete umbrella coverage for over $500,000...it’s very cheapThe full-time housekeeper is $450/month and helps with all cleanings between reservationsThe maintenance guy is paid ad-hoc and as needed; I estimate only about $50/monthMy overall cost of ownership is low totaling about $1000/month.

Detroit proper can be a hard experience on the “first time investor” with ranging locations, city services, tougher to find contractors etc. might be best to get feet wet in an “easier” suburb.Metro Detroit (my entire rental portfolio is here)Purchase: $80k-$130kRent: $1200-$1500ROI: Double DigitCash flow: couple hundred/monthAppreciation: Double digit (for past 10 years, will gladly send data)Location: C, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare and Auto industries.

Everyone had FOMO thinking they will never get a personal residence now we see home prices have not only dropped double digits since June, but we are seeing negative YoY appreciation.

We are making double-digit returns in most of these areas marked in red... mostly due to solid rehabs, and solid firm management.