Multifamily Rental in Detroit

[Mario Ortner]

Hello everyone, I live in LA and have about $120,000 in cash to invest. I've been reading about Detroit for the last year or so and although it's going to take years to get out of the fiscal mess, I believe the outlook it is going to improve steadily over the next 10 years. Having said that, I believe you buy in times of distress and ride the recovery.  I plan to visit Detroit in September to visit some of the promising neighborhoods and would appreciate any tips about best upcoming locations and number of units I can get for that money. Thank you all.