Greetings from the foreclosure capitol

[Anthony Stokes]

Hello to all of my fellow investors and entrepreneurs. My name is Anthony Stokes and I am a newbie to BP and REI. I have recently purchased my first property in Detroit,MI in which I will be renting out. I am looking to buy more foreclosed properties for cash (5k-10k), do cosmetic repairs, rent them out for cash flow/and/or, wholesale them to investors, and lease option them to potential buyers. Eventually I would like to own apartment buildings or complexes that would bring in cash flows of at least $20,000 a month. Currently the way the economy is going in Michigan, it is the perfect time to own rental property. A lot of people are losing homes, and relocating. The people who decide to stay in Michigan, would rather rent than buy.