It also depends on things like if you're investing in debt or equity (for completely different answers...again more safety equals lower return and more risk equals more potential reward ).

Central air conditioning offers numerous benefits, including increased energy efficiency, improved indoor air quality, and better overall comfort for tenants.

@Wick Ra I have had inspections go both ways after disgruntled tenants called in potential violations, but the ones that went my way were the ones like this where the inspector called me to coordinate access.

It seems as though there is no shortage of potential tenants.. just have to find a few decent ones lol

@Kalen AdamsonNot tax advice as a cpa can respond but typically when you cash in stocks that gain is taxed (if owned for a while at qualified dividend rate).You could take the cash, hold money for taxes and put that money as a contribution to the LLC and then start investing in real estateIf you invest in real estate you may get depreciation etc whixh could be paper loss and potential reduce tax obligation but the entire picture needs to be looked at

Evaluate your budget, savings, and potential financing options.

Utilize Virtual Tours and VideosVirtual tours and videos are powerful tools for showcasing your property to potential buyers.

PS - I know the Detroit market has potential - I sure would like to figure it out.

@Dan Burstain What type of properties would have potential for more cash flows in those areas?

Additionally, I'm based in Michigan, and I would like to know if anyone in the community is familiar with companies or professionals in Michigan who can assist in the process of forming an LLC and managing the legal aspects of transitioning Airbnb properties.Any insights or experiences you can share would be immensely helpful as I navigate this potential transition.