If the locals say it's rare then I would not worry.

Depending on your state, many have local lenders that will go up to 100% LTV. 

The nay sayers center around two arguments.

If you file an eviction then it must be filed locally, if your LLC is sued they will sue locally. 

I’m currently doing research about up and coming areas such as this post as well as looking for local groups.

That said, Detroit is very much a block-by-block city, so local knowledge is critical to avoid issues.If you’re serious about learning more, feel free to send me a DM.

Would definitely check local zoning / code enforcement laws as well.  

Quote from @Fernando NA: Hello everyone,I’m considering purchasing a piece of land near Divide, CO, to build a small off-grid log cabin and list it on Airbnb or similar platforms.For those of you who live in the area or have experience with this, I have a few questions:>Is it possible to list such a property on Airbnb given the local regulations?

A customer of mine happened to be a local real estate investor and he owned the land next to my business. 

I am on the board of CFRI, our local REIA and I know we have dozens of agents and investors that have their license if only to list and buy their own properties, but could recommend some to you.