Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

Investment Info:Small multi-family (2-4 units) buy & hold investment.

We appreciate you giving us the opportunity to review your property.Best regards,"I replied back asking for more specifics, wondering if it is the Milwaukee market, the Wisconsin market, the multi-family market, or the property itself, and I got crickets....At the very least, I should get better customer service explaining why.

I purchased a single family to rent out the rooms and it sent my finical plan completely off course because I was not as ready as I previously thought.

But I also sell subject to; depending on size of down payment/capital commitment from buyer; buyers track record and buyers financial strength.  

Unfortunately, it cannot be used for a 2-4 family property, only single family properties. 

I was initially very pleased to learn that all had been able to purchase multi family properties; I was not to pleased to learn that they all “wanted out”, but felt they were “upside” down and would have to take a loss.  

The cost of a sewer line is the same whether it is on a triplex or a single family home, but with a MFU you can spread the risk.

A single family home with multiple ADUs cannot  be financed using Fannie, Freddie, FHA, VA, or USDA.

To answer the first big question in your post — single family vs multi-family — I am firmly in the multi-family camp.