Its my understanding that SF has pretty tight Air BNB restrictions like you have to register and can only rent them a certain number of days a year?

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

Your understanding of NOI, deal negotiation, and long-term strategy are assets that make you stand out. 

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

My non-professional understanding is that those losses can only be used to offset income from that property.

There are variables involved, and there’s of course skill and effort required not just calls.

It's my understanding it's now similar to if it was a mortgage foreclosure.

@Sam Ojo The $900K of equity isn't relevant without understanding the value of the real estate.

Buffalo is a great place to invest, but understanding that neighborhoods change extremely quickly is paramount to your success.