In my properties without a full kitchen, I still supply a rice cooker, electric kettle, and hot plates because of the lack of stove. 5) A set of house rules is a must.

Supply and demand I knew it would be a good time to buy.Tons of people tried talking me out of it but I still bought my first home at 21 for 186k.

Basically people are saying if they can find a home in this area for a price they are willing to pay they will do it.  20 years ago thats not the case.Its people like's my Wife's co-workers who commuted from Macomb Twp or South Lyon in Apartments or Condos, deciding that one hour commutes isn't worth it anymore, and looking for apts/condos next to the DMC.The catch will be convincing these same people that they will stay when they decide they want a house and a yard.I believe the towns who will be hurt by Detroit's improvements will be Sterling Heights, many places in Macomb County in general, until you cross 16 mile except Warren, Warren will improve as Detroit improves, because the auto industry will be doing well, up and down the supply chain.

Supply & demand.

Look at external metrics like stock market, interest rates, supply and demand of homes, I'm basically looking to avoid the crash as in 2008.

http://www.har.com/content/newsroomHouston Real Estate Highlights in August Single-family home sales rose 8.2 percent with a total of 7,914 units sold —the greatest one-month sales volume of all timeOn a year-to-date basis, single-family home sales are up 1.5 percent;Total property sales rose 7.1 percent to 9,319 units;Total dollar volume shot up 10.6 percent to $2.6 billion;At $225,000, the single-family home median price rose 4.2 percent to an August high;The single-family home average price increased 2.4 percent to $289,519, which was also the highest level for an August;Single-family homes months of inventory climbed to a 4.0-months supply;Townhome/condominium sales rose 5.1 percent, with the average price up 1.0 percent to $202,669 and the median price up 4.0 percent to $156,000;Leases of single-family homes were down 2.2 percent with average rent down slightly to $1,878;Leases of townhomes/condominiums rose 5.7 percent with average rent down 2.6 percent to $1,604.

I own a small design/build furniture company located in Seattle, and I have been thinking about using my furniture, and my design sense, to start staging homes.  

I've read a lot people will pay for labor and supply the finish materials such as door hardware, tile, light fixtures, etc.3.

Follow-through.Here a couple of clauses from our rental agreement you may find helpful:MAINTENANCE OF PREMISES.Landlord will maintain all electrical, plumbing, heating, and other facilities and appliances supplied by Landlord in good working order.Landlord will perform periodic inspections of the premises, no less than once a year, for the purpose of property maintenance and repair.Landlord will notify Tenant in advance of the inspection.

The number of homes for sale is way down - and the "months supply" is the lowest I've ever seen, indicating an extremely strong seller's market.