And if you wanted to finance upfront there are opportunities there still... you just have to know how to really do your number properly.There's a lot happening in the Detroit market in terms of investment and revitalization.

I've heard the Short-Term Mortgage Shop can help with that.

Bonds have the greatest impact on mortgages due to their longevity (10 year) and mortgages are long term as well.

Future plans to make cosmetic upgrades over time as units become vacant to maximize future cash flows by increasing rents and finishing apartments to a high level that will encourage long term tenancy.

I have taken new renters who meet my minimum financial criteria over higher score person "looking for a house" or someone who says they are staying but really is just looking for short term.

They might allow for a no seasoning rate and term refinance, but that would have you bringing your closing costs and and lender fees to the table.

The duplexes in the back already had faithful, long-term tenants in place.

Real estate is a long-term game, and if you bought it earlier, then it works out fine.

Both properties listed on Airbnb and VRBO as short and medium term rentals.

Given the slim cash flow from the property and the uncertainty about the new mortgage rate, it's understandable to be contemplating whether to hold or sell.If you anticipate further growth in the market, holding onto the property could be beneficial in the long term.