About a month ago a family member of mine let him know that he was going to sell his dad's house.

Greetings all,I'm still a relatively new investor but looking to diversify my investing strategies.

Then we sent them each the same raw video and told them our budget, in this case only $50.

.+1 to @John Underwood and @Andrew Steffens

I also encourage you not to give up on a real estate.

Neither for that matter will a DSCR loan when/if you go to get a full primary home loan for example for the same reasons.

This is where you will get the correct estimates. 

@Gary Bonds owning a few rentals is not a business at least according to my accountant, Best to attempt to qualify using your personal income.

Doubt this is the final version as the "smart" people in the city understand Detroit is coming back and needs to keep welcoming investment instead of putting up roadbloacks:)As many STR landlords have learned in other cities and in oversatuarated areas, it's always good to have a backup plan!

Just trying to understand.