Four-season tourism
Michigan recorded 131.2 million visitors and $30.7 billion in visitor spending in 2024. That broad travel economy can support well-located STR demand, but it does not guarantee occupancy for this property.
Michigan deal room
Renovate the asset. Unlock the value.
A proposed 12-month promissory note opportunity supporting the acquisition and renovation of a six-bedroom residential property in Michigan.
Opportunity snapshot
Capital sought$300K
Interest10%
Term12 mo.
Minimum$50K
The opportunity
A large Michigan single-family home with STR/LTR potential.
The property combines a substantial footprint, nearly an acre of land, and an initial value-add plan focused on renovation and resale.
6 bedroomsExisting layout
2 bathroomsExisting layout
2,770 sq. ft.Approximate living area
0.95 acresApproximate lot size
Why we like Michigan
Demand, basis, and flexibility.
We do not rely on one headline or one exit. We evaluate visitor demand, population movement, acquisition basis, and local policy together—then underwrite the property and municipality on their own merits.
Migration is improving
Michigan’s population grew for a fourth consecutive year in 2025. Census estimates also showed a small net domestic migration gain—the first since at least 1990. The gain was modest, so we view it as supportive rather than a promise of rent or price growth.
Value-add purchase basis
At a $200,000 target purchase price, the thesis is to acquire a large six-bedroom footprint and direct capital toward renovation rather than pay a finished-home premium.
Policy-aware flexibility
Michigan STR rules are set locally rather than through one statewide standard. Local zoning, permitting, taxes, and operating rules require confirmation. That makes an LTR or resale path an important fallback if STR use is not permitted or not attractive.
Sources: Travel Michigan’s 2024 tourism-impact report, Michigan State Demographer analysis of Census Vintage 2025 estimates, and Michigan STR regulations overview. Statewide data does not predict property-level performance; local demand and rules must be verified.
Execution thesis
Three clear phases.
The plan is intentionally simple. Final renovation scope, costs, schedule, and exit assumptions remain subject to due diligence, inspections, and contractor bids.
PHASE 01
Acquire
Secure the property under the final purchase agreement and complete closing diligence.
Target purchase · $200,000
PHASE 02
Renovate
Improve finishes, kitchen and bath areas, curb appeal, and market presentation.
Preliminary budget · $100,000
PHASE 03
Resell
Position the completed home for resale based on then-current market conditions.
Projected ARV · $455,000
Selected property views
Current condition.
A curated six-image overview—enough to understand the property without turning the page into a listing gallery.
About Valkere
Real estate investing made simple.
Valkere Investment Group’s goal is to make real estate investing simple for its partners so they can focus on what matters most in their lives.
Preliminary note terms
A direct promissory note structure.
Investment instrumentPromissory note
Capital sought$300,000
Minimum participation$50,000
Interest rate10% simple annual
Payment structureMonthly interest-only payments
Note term12 months
Principal repaymentDue at maturity, subject to final note documents
SecurityUnsecured promissory note
Important: This preliminary material is for discussion purposes only and does not constitute an offer to sell or a solicitation to buy any security or promissory note. The note is unsecured and is not backed by collateral. All figures are estimates and may change. Investments involve risk, including possible loss of principal. No return, repayment, project timeline, renovation outcome, or property value is guaranteed. Any transaction will be governed solely by final legal documents.
