Just in the last 5 years the median price has doubled in Detroit (see below chart).

What is the nightly rates average (base that on the size of place you are thinking of getting), what kind of amenities?

(Home Prices Chart for Wake County:https://tmls.stats.10kresearch.com/infoserv/s-v1/IFT9-D07)Here’s Where We’re At TodayThe Median Home Price in Wake County is $471,000 for all real estate, down 2% from last month and about where we were this time last year.

From around 2010-2020 I built and managed a small-medium-sized portfolio in my area (which is not an ideal market).

Originally I was also hoping to find a package that would do more of the property management basics for me, like running ads, screening tenants, collecting rent, collecting e-signatures, etc.What I found after months of looking is that there is no one-size-fits-all platform out there.

Every county has different requirements, such as minimum square footage for rooms; maximum number of occupants, hallway sizes (If there will be residents in wheelchairs); and safety regulations which are usually different that owner-occupied homes (for example- Interior fire sprinkler systems).  2.

There are about 7 SFH in the surrounding 2 mile radius, all about the same size (3-4 bedrooms), and all listed around the same price ($2500-3100). 

With more and more institutional investing jumping onboard, the halving, and now you can buy Bitcoin with Paypal or the Cash App or Robinhood is making it even easier for people to jump in with any size investment. 

These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.

Thank you to all for taking the time.It's not luxury by any means, but for the properties I have seen in the neighborhood, I truly do believe it is in better shape than 90% in the specific neighborhood at least - 1960s neighborhood, covers whole sq mile. 3b1b 850sqft, "normal sized front yard" (for the area) 1,000sqft front yard and largest backyard in the neighborhood at 5000sqft.