If so then  each real estate asset class has different risks. 

For both short- and mid-term investors, the market's diversity and relatively lower entry costs make it an attractive option.FYI - Philadelphia has a tenant-friendly legal environment, which can present certain challenges for landlords

It’s to take advantage of the 2024 bonus depreciation rules which include 60% bonus in year 1 for any life classes less than 20 years.

My exterminator won’t kill bees, they are important for our environment.

60% LTV is not that low, particularly in a higher rate environment where the debt service coverage requirement (cash flow) is now limiting LTVs to 60-70% in many cases anyway.Separately, should be able to get a commercial loan with a rate in the 6s.

Also, you'll need to figure out where to invest: Macomb County has 27 municipalitiesOakland 62Wayne 43City of Detroit around 183 residential NeighborhoodsThey can all be ranked as Class A, B, C or D. 

Quote from @Brendan Lawrence: Looking for solutions to offer financing to buyers:We have a unique asset class that we're building out here.  

Do you understand that asset class and market?

@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

The key to understand about STRs in CO is the regulatory environment - it is simultaneously the best part of investing here, and the worst.