I closed off the connecting door to split the unit into two.

The amount of man power it takes to properly coordinate renno/maintenance requests coupled with the fact that our vendors give us discounts, makes me ok with it.  

We went HARD buying C Class properties in Detroit proper for the next 2.5 years.

Enhance your networking capabilities and build connections by participating in local gatherings and becoming a member of Facebook groups.

Hi Ken, thanks for the connections. 

You need to get a proper calculator and learn how to use it.With that being said, I did a quick calculation and your return on capital invested will be around 12% (IRR).  

Hi Derek, I am primarily a full time RE investor and entrepreneur in bay area holding 22 units in an around bay area, would be glad to connect. 

Most people in the forums are recommending Proper Insurance for STR insurance, and I was able to get a quote from them quickly.

.:  If I were in Detroit starting out I would be buying $10,000 homes, fixing them to rental conditions, lease up and sell turnkey to investors on the coasts for $75-100k.Melanie, there is a big difference between the city of Detroit proper and some of the surrounding suburbs. 

I would love to connect with local wholesalers who source in Birmingham and other cities in Alabama.