Combining the loans isn't likely to yield any savings, and more likely would cause additional problems (commercial/business loans have more "harsh" terms than residential). 

This implies that instant return likely will take more effort than in the recent past.  

The process is a bit more complicated than that.

>I would make a couple of the units Airbnbs to ensure I didn't dip into negative cashflow.Do you have any STRs?  

Your time is better spent doing a deal than it is figuring how much money you might make if you did deals.

Obviously HOA fees are usually pretty outrageous when compared to properties where there is no HOA or it's a typical SFR neighborhood with typical HOA dues for things like cutting the grass in common areas, or servicing the neighborhood pool. 

They usually have to travel 2.5 hours.My questions are:1.)

@Tim Lewis      @Terry Schoen   @Emi @Emi Augustin    I have couple of PMs I can definitely recommend for you................I can also tell you specifically who to avoid at all costs.

Have a small (less than 1000sq ft) house under contract now, closing soon and can't wait to get to work on it!

@MARK S KINGYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...