Property values have been appreciating rapidly in recent years, and the city’s population has started growing again—a trend we haven’t seen in decades.I’m also based in California and have been investing in Detroit for several years, so I understand the concerns of out-of-state investing.

I use Beyond pricing in my vacation rental markets and Pricelabs in my city/mid-term rental markets.

What if they build just outside the city limits, so they are not paying city taxes?     

I'm not as familiar with Cincinnati, but I have seen many headlines about the city's growth. 

But I get it in the lower value assets of the mid west and rust belt cities wholesalers dominate because they spend 100s of thousands in marketing for those type of assets..

I did not realize one of my units had the 7-night minimum but that currently is a requirement in my city, I do not always follow it.

You talk to the neighbor and they tell you the city bulldozed the house last week, because it was destroyed in a hurricane. 

The City of Detroit is block-by-block in many Class B & C areas.In our opinion, zip codes cover too large an area.We use Detroit Neighborhoods, which are much smaller than zip codes.

I think it makes someone look foolish to state something is a bad investment in a forum where many people, operators and money partners alike, have made lots of money working together on that specific type of investment.Whereas I may not be an expert at the things that I referenced above, what I am an expert at is buying properties under market value in 5 cities in Arizona.

Plus virtually every city of note has a REIA with monthly meetings and other meetups.