Hi I am looking to network with other French or other European investors who invest from outside Detroit or who live in Detroit.

Being this will be the first and only property in our fledgling portfolio we plan on self-managing and in that case we expect to net between $250-325 per month after taking into account 10% for taxes, vacancy and cap-ex (even though most major items will be under 5 years old) and 5% for insurance.

I received a quote this morning from american european insurance company to replace current insurance from Kingstone. 

This city does not have any bad areas (relative to most major cities), people who grew up here will say certain areas in the south part of town are "rough" but being from outside of Cleveland and having spent a great deal of time in Chicago/Toledo that tends to make me laugh.

Most major items give you a warning before they go.Something to consider for the future.

And because it's appealing to many investors, there are at least a dozen "turn key" operators in most major markets, many of which are just north of scam artists.  

Once you renovate the property, it will likely be free of most major issues.

Based on my research, it would be pure chance to find a 2% deal in most major metro areas.

The app is called "OverDrive" and should be downloadable on most major app stores.

I would also bet he has bought the appropriate property and already has his citizenship paperwork in the process.Here are the 'rules' to a Portugal Passport through property ownership:Through the Golden Visa scheme (investing in Portugal)Portugal is one of several European countries that offers a fully-valid residency permit to those who invest in Portugal.