Most out-of-state investors looking at Detroit are typically focused on cash flow, which means they're usually targeting C or C+ neighborhoods.

If you are thinking of targeting travel nurses just know that most of the demand is in the 1-2 BR space.

There are pros and cons but i believe for most properties the cons out weight the pros.  

Target Price: $575K-$589K; ARV: $630K.

One key he found was mixing a welcoming atmosphere with firm guidelines.. it typically falls under standard tenant landlord laws for eviction.. so you’ll want to double-check local regulations.You mentioned Furnished Finders and Padslipt.com.. from what I’ve heard, those can be great if you’re targeting traveling professionals or short term visitors.

Work backwards from your $300,000 annual target to monthly say $25,000 per month.  

Questions: - Commercial Loan - what are the best terms to target? 

I would like to know how to read the market a lot better and learn how I can see wether or not a certain city is thriving or not, if where I purchase the duplex is thriving I'll just settle there and target SFH's there instead of moving out of state.  

If you are specifically targeting travel nurses, it will benefit greatly if the home is near a hospital. 

Do you have a price point you're targeting and are you looking for turn-key properties or something along the lines of a "fixer upper"?