Investing in Detroit, MI

[Robert Cooper]

Hi BP Community,

I am new to the Detroit MI market area and will like to buy a Single-Family Home (SFH) as a long distant investor. One of the issues I am having as I conduct my research/ analysis is that I am not familiar with different areas, specifically blocks. Unlike my local market that the value of the property is driven by the zip code, I found this to be the opposite. With that been said, I am hoping that for those who have experience investing in the Detroit area I was hoping if you could please share with me how you were able to narrow your search to minimize your risk. Also, even tough I am targeting SFH homes, I will greatly appreciate if SFH is the right entrance in this market, and referral of realtors who have experience working with investors. (any feedback is greatly appreciated).

Regards,

Robert.