But, def understand what you're saying on the out of state piece. 

Quote from @Michael Smythe: @Spencer Terrien AND ALLBe sure to take the time needed to understand that the suburbs of Metro Detroit are vastly different than the City of Detroit!

Understanding these rules is essential for investors seeking to capitalize on the short-term rental loophole while maintaining compliance with tax regulations.

I was better off taking a course from a local REIA and networking with other local investors that know the local market and understand the varying abilities of the local title and escrow companies. 

Hi guysI see a lot of videos of people doing mid term, but i have hard time to understand something . they said the x4 their monthly rent.When Im looking on furnish finder , i see the rents jumping by $500 not more.example: From $2000 to $2500-2600.So how it make sense to doing x3 and x4. because then it will be $6000-8000 per month... can you elaborate and explain me ?

The point is to make sure to ask that question and understand how it would effect you going forward. 

And remember to use a contractor who knows & understands the 203k and has strong financials to afford the start-up costs and ongoing expenses associated with 203k rehab projects.

So make sure you understand the structure you want first. 

As far as I understand, banks usually start the bidding at the judgement amount owed. 

Understanding what hasn't worked can be just as valuable as learning what has.How do you nurture and maintain relationships with leads to ensure a higher conversion rate?