It’s awesome to see someone starting their real estate journey at such a young age with a clear vision and determination.

How you manage the investment determines the returns, and you don't have a track record to show that you can manage well.It's possible, but it's going to be difficult.

It’s advisable to consult with a tax professional or financial advisor to determine the most appropriate approach for your circumstances.

In Metro Detroit area, police will not remove these types of occupants (they are afraid of scamming landlord having police remove legal tenants), calling them a "civil matter" forcing landlord to start court eviction process. thats a good question Drew.. but I bet if the police are aloud just a little bit of fact checking and do police work they can determine the fraud very quickly.. 

Market research: Research 3-4 similar properties on Furnished Finder and Airbnb to determine your rental rate.

But it's what my thoughts are and determines how we will operate and spend our money.

Second, I look at listing photos and Google Earth Street View to assess the condition further.Third, I determine a rehab scope and run it by my agent.I have my agent, inspector, and contractor walk the property together.

ssent a connection request, let's talk more details offline to help determine "what is best" for your plans! 

In addition to doing regular inspections as soon as someone gives notice due and immediate inspection to determine if the unit is being kept up decent or if you need to plan on some repairs before it is turned.

Without understanding what you want to accomplish, it can be difficult to determine the best course of action.