Is Warren, MI good place to invest in rental unit ?

[Sam Hanaa]

In Warren there are still houses around 100K , and I have visited months ago and seem peaceful city with old houses, and some people I know already bough houses there around Mile 14 and Ryan , which is my area of interest since I know it from couple of visits.

Also I was seeing some people online complaining that Michigan no longer landlord friendly due to extra taxes and bias toward tenant ? how accurate is these claims, As the reason I am planning to invest there, because of Ontario now officially no longer care about Landlord investment , all what they care is people to not get kicked out or their rent increase, without any fair practice in place to protect both parties.

[Bruce Scannell]

Hi @Sam Hanaa, I personally love SE MI, but you’re right taxes tend to be high due to historically low housing prices...the city/state still needs their money for past corrrupt officials and whatnot. You’re thinking the right way though. As far as tenant friendly goes, there’s a lot of real crappy landlords that take advantage of hard working people which has given us better landlords a bad name. However, if you get everything in writing and follow all laws laid out in the Michigan Tenant Landlord Guide, https://www.legislature.mi.gov/publications/tenantlandlord.pdf, you should be ok.

Bruce