Do you offer property management services to Macomb county as well or are you strictly Oakland and Wayne?

@Yvonne Chou the farther east you go the cheaper these properties get, if it would be strictly an investment property you can still buy in SoCal for less than $450k and certainly less than $800k

Since Airbnb and other platforms have become more popular have you seen an increase in investors looking to purchase strictly for income/an investment or is there still a strong demand for a second/vacation home from individuals?

Banks will see it as a strict investment property which will require 20-25% downpayment.

Hi BP,I recently told a contractor I would like to hire him for a proposed flip to strictly do the work,  have worked with him before and he has a great track record and is a trusted vendor.

It's the same as FHA or USDA, which are very strict ,but VA adds a mandatory wood destroying insect report, which the seller is required to pay for.In addition, I have personally witnessed appraisers who see it as their role to "fight for the veteran" and by that I mean to hammer the price down for them.The most recent case was a home that started life as a Campanelli Ranch. 

I aim to learn from both their success and horror stories and to combine that with what I've learned on the job to determine my criteria for where/what I will purchase in the future for myself.While I'm fairly confident in some aspects due my serving in an analytical capacity at my job, I definitely have a lot to learn when it comes to strictly SFRs/non-CRE properties.

@Kevin Chan You will get good tenants if you hit all the  strict qualifications.

You should be able to uncheck every day (to prevent) check-in and check-out, which should strictly limit Saturday to Saturday bookings for you.

There are 10s of thousand of homes in Toronto that are non conforming but the city has are not strict on enforcing