Most areas in Detroit can be hit and miss, as they vary from block to block.

It's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.

Monthly management rates vary from 5-10% typically with a 1 month lease up cost.

It varies by state.

I feel that most buyers do not fall into the self-manage or direct booking category so often times they will need to be content with a property that pays for itself. 

At the moment I feel overwhelmed with the investor category of things, and I am just starting to introduce myself mainly to newer persons to get used to how to interact regarding these subjects and like I mention above, I will no doubt proceed with persons with whom I am most comfortable.

Advice will vary depending on who else is in your company.

As long as you're bankable in other categories, I don't think you'll have a problem getting a loan even if you decide to self-manage. 

Just here in the front range of Denver, the Airbnb laws vary wildly.

All states have the same inside protection, however the outside protection varies greatly.If some of properties are in states that do not offer good outside protection (ie charging order not being the sole remedy), you will then create a holding LLC in a state that has this great outside protection; This LLC will then own all the sub LLCs.Another aspect also is that some states offer anonymity adding another layer of protection.