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Updated over 1 year ago,
What's up with Detroit and all the horror stories about it?
I'm interested in investing in cheaper properties for Section 8 buy & hold, and the numbers/inventory are almost suspiciously attractive in Detroit, MI.
A lot of BP posts and threads, as well as a few google searches, warn a lot about scams, agents misrepresenting 'turnkey' properties, crooked PM companies, a slow HA office, and very high crime.
How much of this is exaggeration? Has anyone on this forum successfully done OOS investing in Detroit?
How relatively difficult (compared to ex. Ohio) is it to evict a troublesome tenant in Detroit?