Curious to learn more about the Detroit market

[Matt B.]

Hello BP members,

Just interested to hear from some people who have more experience or had their own success (or failure) in the Detroit metro and northern suburbs area. 

I've had a brief look and everything appears to be either forclosed or at deep discounts

Because of this I'm not sure if their are a lot of buyers or renters. I spoke to a friend from the Detroit area, his words were

"metro area is pretty run-down and isn't always safe, but if you go north of it you can find some nice areas"

so, just trying to see what other investors or service providers think of the Detroit market

Thanks