Which caused lots of guests to pursue extenuating circumstances claims, and a bunch of local hosts had cancellations forced on them by AirBnB. 

Increase your local marketing efforts.

Just keep in mind that any state or local statutes supersede the lease if they conflict.

Partnering with Jason Baker provided valuable local insights, making this an attractive and strategic investment for Partner Driven.

I am the current Vice President of my local chapter.

I had lots of trouble last year with my local CPA as they were not aware of the many things that could be written off and had no further tax advice for me  I have a great CPA in Orlando!

You lost me completely by your failure to understand that if a buyer approaches a seller and offers to take over their property subject to the lender's lien, and stops paying and puts that borrower into default or, if the borrower was in default already, that "buyer" may run afoul of local/state laws and may be accused of equity skimming.

@Brandon Morgan, most municipalities in this area have a rental ordinance that requires a local property manager.

Minor tweaks to the assumptions can cause wild variations in the calculated returns.The proforma is NOT God.If one steps backs and considers the notion any of us have a solid accurate idea what the world national local economy or interest rates or the real estate market in general will be like in 5 to 10 to 15 years are a heck of a lot smarter than I. 

I would love some candid feedback from those local in Detroit especially those of you RE professionals that work with out of state investors.