Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.

"I actually think renting a place will get me started"If you are talking about being a tenant yourself and operating a airbnb in your rental apartment don't hold your breath.

Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.

John - I've recently added "virtual staging" to my rental photos.

I'm paying about 2k/month in JUST INTEREST. it brings in about $1300 and I live there with 2 roommates and operate my business out of it.

Missy is one of the top 10 turnkey operators in the US.. 

We own and operate a mid size REI and property management company in Marquette Co. (~300 units or so). 

It just might be a different strategy involved.Cash flows through refinance or sale or operating cash flow is the same in my book.  

I'm also concerned about the liability that I might be exposed to here by allowing what appears to be a business to operate out of my rental.

Lenders see all, including how little margin some flippers are operating on.