Multi unit properties

[Vincent B.]

Hi everyone, I'm from Los Angeles and I was wondering if it would be a smart idea to invest in multi unit properties in Detroit? Everything is so expensive here in LA, I figured I'd look towards the Midwest or up that way. Any feed back would be helpful.

[Eric Marofske]

I don't have experience in the Detroit market, but I assume there are plenty of properties available that look great on paper but are going to be a real challenge to manage properly, especially from across the country. The safer bet would be to pick a more stable location in the Midwest, but everyone's goals, risk tolerance, etc is different.