In this industry people WILL manipulate you.

Just wondering what everyone's thoughts are on the pros versus cons of each scenario most specifically if it came to them not paying rent or needing to be evicted.

Hey Jesse, with 1-4 units, it is the industry standard to value the property based off the sales comp approach, however, you can qualify the property with booking history or AirDNA with a DSCR lender that specializes in short term rentals.

(Someone to receive notices on your behalf)Residential income properties need a Transaction Privilege license in most locations (Rental Tax)Property Management is a specialty in the industry and it's very possible your sister has her license with a broker that doesn't allow her to do property management?

The suburbs are great and there are some specific tools to finding up and coming areas in the City.Metro Detroit has what 99% of Real Estate Investors want.

Are there specific websites where I can find these or do I just need to search on mls?

I want to look for mentors and make professional connections to those in the industry to gain an intellectual advantage.

And they're starting with a lot of construction industry experience, most of the time.I'm not saying it can't be done;  just be prepared and financially able to put in more than you expect to on day one.

Looking to hear from everyone and specifically from those that have obtained their financial freedom goal within a span of a few years. 

Now I am deciding which specific property to buy.