That's a very very specific and nuanced idea, and may not be a wise choice depending on your level of experience in real estate investing as a whole as well as short term rental or hotel experience.

@Ryan AllisonDepends where I end up working after I graduate, but I like both greater New York City and Greater Boston areas.

It's something simple but it can be part of first impressions if someone does drive by.You can look toward some very simple and inexpensive staging type stuff, such as trying to make it seem more personal and inviting without making potential buyers feel like they're invading someone's space or subject to someone else's opinionated style choices.

When it comes to section 8 there is a whole host of positive reasons why in Detroit in particular they are a great choice with limited risk.

Also keep in mind while one lender may do 75% and another may only do 70%, the 70% lender may actually be better choice because they have less closing costs...or a more generous appraiser.

@Ryan Swan is your guy!

@Ryan Daigle thank you.

The amenities may be basic but the service should be class-A.have a worldview that is empathetic to poor people- ie they don't believe that poor people are poor because they make bad life choices; actually RESPECT THEIR (D-neighborhood) TENANTSdoesn't have the unrealistic expectation that low credit score tenants will respond to incentives designed for tenants with a credit score to protect and sets payment policies to promote desired tenant payment behaviors for low credit score tenantsprefers to achieve goals by eliciting cooperation instead of the exercise of power;communicates clearly and directly (even on 'awkward' topics like money and complaints about 'peculiarities')likes to solve problemsHaving said all that, I would still recommend B neighborhoods if you can afford it because of appreciation (and as @Erik Whiting said, exit strategy) .

@Ryan Hogan This is exactly what I was looking for, thanks so much!

You have choices of single family rentals, short term rentals, vacation rentals, lease options, commercial, townhouses, high end rentals, low end rentals, rehabs, duplexes, fourplexes, apartments.Give a little more information of what your ideal investment is and we can offer some guidance.