Detroit

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are there any investors from Detroit who could give an ameture advice on how to start

[Robert Syfert]

We have bought and sold over 200 SFR properties in the Metro Detroit area and would agree with many of the comments left so far. When you are looking to invest in this area feom out of state, it really boils down to finding a great boots-on-the-ground team with property management. They are going to be your eyes and ears to protect your asset. Also, if getting into rentals, keep in mind your not just buying a property - your inheriting the tenant.

Metro Detroit has great opportunities, but it varies block to block - house to house. We focus on the area, because we grew up there and for SFR it offers a great purchase/rent ratio. My best advice is don't be scared off by the Detroit haters, but be sure to do your due diligence.