If not this method then look into adding amenities to already low performing STR market properties.Another that is good once you get experience is doing boutique hotels. 

Bank statements are a good start, but ATM/Zelle deposits need a little extra vetting.What we typically ask for:Last 3–6 months bank statements (sometimes 12 if it’s borderline)Last 2 years tax returns (or at least most recent) + Schedule C if applicableProof of active business (license/website/insurance/invoices)Landlord references + rent payment history (this matters a ton)Big thing for me is: do the deposits look steady and repeatable, and do they have enough cash reserves after bills to comfortably cover rent.If the income is there and it’s consistent month to month, self-employed doesn’t scare me — you just want to verify it the right way.

Do / have you expirimented with meta ads targeting the lists from IDI? 

No worries as I just mention this as there have been companies that paid for ads on BP and ended up not going well and people were rushing to blame BP.

Now, the next purchaser will have the redemption price tag of the earlier purchaser's liens added to the next purchaser's price tag.

If the place looks good otherwise I would have him added after an application/background check.

Out-of-state investing from CA means your deal analysis becomes extra important.

$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute$400M Investment, 517 New Jobs: Norway’s Nel Hydronhttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.

We started with a turnkey rental to learn the basics and build confidence, and now we’re beginning to explore more creative strategies, including seller financing, as we work toward adding our next property. 

Better bang for your buck - chances are higher of getting some extra cash in your pocket every month once fully stabilized.