I’ve flipped two personal homes, and just bought my first duplex.

The numbers always work as long as you buy in an area that continues to be desirable.

I am looking to diversify and derisk my portfolio by buying and holding out-of-state LTR.With your desire to find some cashflow and appreciation via LTR, then I would recommend checking out some of the Ohio markets like Columbus.

Overall, speaking from personal experience, Detroit makes for great market to enter, as there are a lot of things going for it at the moment.

Quote from @Nathan Farkash: Why not buy it in your personal name and hold it in your personal name?

This would give you an opportunity to rent to the same person(s) for a few years.

I do allow TVs to be mounted to the wall and just have the anchor holes filled in when they move out It really is just a personal preference and what you want to allow in your units.

I've seen up to 85% LTC for an experienced builder who has done personal projects.

If a room has their own bathroom, obviously that would not be part of the cleaner's responsibility as they would not be entering any of the private spaces.Renting by the room will get you more money, but will also require more work on your part as there will be personality clashes (do not get involved in those).

A great way to network and meet people in your local community is to attend in person meet ups.