Ultimately I like to control my own notes so its not for me personally. 

If you don't already have a preferred 1031 intermediary to work with, we'd be happy to give you a free consult whenever you're closer to making a decision. 

While it can have an effect on yields and mortgage rates if it comes in higher or lower than expectations, it typically has a much smaller effect on yields and rates than the CPI report.Personal Consumption Expenditures (PCE)The Personal Consumption Expenditures (PCE) report is another measure of inflation.

Hello Mike, thank you for the reply, you are the right person to listen to.

If you tell them you're a landlord and you own the property but aren't living in it, they should be able to quote you for liability, the house, and a much smaller amount of personal property (appliances like your fridge or stove)

It's not a great time to refi if you wanted the equity from it, but it sounds like you are going to trade this house to do the same thing again so why not keep it and do the same thing again since you are thinking you might need to go big on your personal residence next?

Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.

I can even do LTR on this property but I would prefer str or mtr so there’s always a backup plan 

Thank youStaton As long as it was advertised and available to rent you can deduct it.The only exception is if you had personal use above 14 days in that year.

I prefer turnover to happen in the Spring.