The goal is to build long-term wealth.

Our experience is in short-term rentals, but we are open to the idea of being landlords if we find the right property.Thank you in advance for your assistance.

However the lease term indicates the following."

Also keep in mind that fees and charges matter, but a long term vacancy will hurt you more in the long run than a company who can better market the property even at a higher fee structure.

Why are you excited about Detroit as a market in the long term?

@Phillip Rosin - Based on the info you provided, I recommend that you start with a Fix to Rent short term loan to purchase the property and rehab it, followed by a cash out refinance into our DSCR loan.

County Clerk suggested that once I retake possession of the property, that it is could be difficult to get a settlement for any future unpaid rents through the end of the lease term, which is through July 2024.

., I've gained most interest in Mid/Long-Term Rentals and BRRR's, and I would most likely want to try to Owner Occupy a House-Hack as my first property. 

Great for house-hacking, multi-family investing, long-term holds, and BRRRR's if you're local and able to manage contractors. 

Pleasant but my agent did not recommend that area for rental, especially medium term (my strategy).