Can give you contact information if you are still looking as I am currently in the very same situation you are in.

@David Rutledge"The City does not currently have regulations or allowances for land use known as “short-term rental.”

If you lived in the old house for 2 of the past 5 years you have no capital gains taxes if you sell within 5 years because it would be exempt.  

I'm also eager to network and partner with current investors, offering my expertise as your go-to agent in the Jackson area.

I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).

People wont leave their current homes til rates come down.

I live in PA and there are prety strict sellers disclosure laws . protected for upto 2 years 

I live in the Johnstown area and have been investing in real estate within my hometown for the last 9 years. 

Or what is the situation/current set up? 

We both currently own our homes for a couple years.