Location is key, so buying in the best neighborhoods is your best bet for solid appreciation.

Keep posting so others can see the opportunities in Detroit!

This needed up being best Airbnb out of all 3 of mine so far and I accredit it to making it the most different.

I'm in the union on long island so I have a decent W2 job to help get started, I think a house hack would be my best bet starting out but, what do you guys think?

@Bill WagersI would not do a contract for deed on a bar as you remain owner and thus could be liable for issues with the propertyI would do it as a sale and seller finance the property so the estate is no longer on titleIn that instance may not even need a LLC

So the math is telling me to wipe their debt

You will most likely pay more than market rate so take that into account.You will then have to get it all furnished which can cost a pretty penny.

The builder is also the lender so I put 20% down.

If not, the escrowed funds are actually the seller’s, unless your contract with the seller specifically called for their relinquishing those funds to you.  

CALL A REALTOR , GOOGLE , LOOK AT THE VRBO SITES,