Then refi out I’m looking to live in it as my primary residence and eventually pull equity for down payment on a rental property 

The inventory has dropped prices a bit, and the rental market is thriving.

It only takes 30 secs of my day but yields important numbers.Example; I just checked a pending property around the corner from our rental because the size and bed/bath count is the same.

We would like to start building our portfolio with a long term rental, preferably a duplex, using a property manager.

We can cash flow rentals as well as have good margins on  Fix/Flips and Buy/Holds. 

People who do short term rentals might be willing to pay more because they know that their nightly price is more than what market rent is in certain areas.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

or make it a rental?  

Hi ALL,Just reaching out to see if you can give me some insights on Charlotte Michigan, Small City close to Lansing MI (21 Mil), I'm researching a Multifamily building, My concern is that there is 9,000 plus population only, I see articles that show is a good rental market, but it will be grate if anyone that knows the area can have some feedback as far is Schools, Crime rate, Economy and so on.As always, thank you guys, have a great day!!!!

My wife and I are going to turn our primary residence into a rental.