The plan is to short term rent some rooms, or mid-term, and live in the primary until its doing so well I have to move out and refocus on a previous renovation that has stopped until this one is complete.

Long term strategy is to hold until it makes sense to sell, and that might be after only 2 years so I can reap the benefits without getting killed in taxes.

Long term strategy is to hold until it makes sense to sell, and that might be after only 2 years so I can reap the benefits without getting killed in taxes.

The goal is to build long-term wealth.

Our experience is in short-term rentals, but we are open to the idea of being landlords if we find the right property.Thank you in advance for your assistance.

They are private lenders agreeing to loan their own money, with their own terms, and taking full risk.

However the lease term indicates the following."

Short term acquisition and renovation financing for BRRRR and flips.

Also keep in mind that fees and charges matter, but a long term vacancy will hurt you more in the long run than a company who can better market the property even at a higher fee structure.

Why are you excited about Detroit as a market in the long term?