You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

You should be able to find separate statistics for most Metro Detroit suburban cities.For the City of Detroit, vacancy depends on:1) Area - you can try to search by zip code, but don't get your hopes up2) Class of neighborhood, property, tenant base - there is less vacancy in higher classes, higher in lower classesYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

so that would be something I would look into. as well as Sheridan WY is not exactly the hot spot for mortgage banking :)  other items seem ok.. but I have seen legit HML come into OR and lending not knowing they needed a license then get cease and desists..

I recommend having your agent drive the area when looking for those appreciation "hot spots."

@Abe RouzYou might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city, but doubt you'll find this much info for any other market in the US.

I'd love to look in vacation hot spots for my family to utilize when not rented, unfortunately those areas seem saturated.

@Mitchel Eze we manage almost 700 doors and I have my own personal portfolio - all in the metro Detroit area.You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider: https://www.biggerpockets.com/member-blogs/3094/99854-deep-dive-into-metro-detroit-cities-ecorseOur analysis is a template you can follow for any city, but doubt you'll find this much info for any other market in the US.

So Medellin is showing good returns as in total property return from rent and capital growth but yields are very low BUT I would say that outside Medellin and a few other hot spots I do not see Colombia as being that exciting a place to invest compared to  Europe because we have such strict green belt and planning laws there has much better long tern growth prospects .... although Brexit in London has been really bad.The other two things to watch out for is that the apartment luxury end is dangerous if your block moves out of the top end just because its getting a  bit older or is no longer in the latest hot area. 

@Travis B. what do you think of this:We've done a "Deep Dive" series on our BiggerPockets blog about Metro Detroit cities, City of Detroit Neighborhoods and comparing Metro Detroit to other hotspots investors usually consider:https://www.biggerpockets.com/...

The outskirts of the Pittsburgh metro area has a lot of drilling activity, so rental properties are in high demand in areas near drilling hot spots one to two hours from downtown Pittsburgh.