Unless the property is just a royal pain in the ***, you can always pull your equity out of the property on a regular basis through a refi and still control the asset.

Possibly Front Royal or Winchester, VA.

I'm looking at the Bagley neighborhood of Detroit, lots of big brick duplex's under $100k right near upcoming developments, plus it is a stone's throw away from Ferndale / Royal Oak. 

They are a royal pain in the *** from an investor's point of view as well.

I would say it's best just to ask, every one is generally flexible and there may be opportunity behind the curtain.I would watch out for RE/MAX as you have to pay advertising fees, as well as I believe Century 21 or Royal Lepage, One of the 2 is cheap to work for but they charge a fee to leave.

I am also a licensed REALTOR with Royal LePage Atlantic.

is this the royal oak 4 plex at Lincoln/ Wyandotte?

Ferndale and Royal Oak have great bars and restaurants, Belle Isle is scenic and quiet, Detroit has beautiful historic homes and great museums (thank God the DIA kept it's collection), and you can really feel the excitement that is building around the cities rebound.

I think it would be a bit easier if I was doing things around where I live instead of driving down to royal oak and those areas!  

Currently own 1 SFR in the Royal Oak market and am looking to spread properties over the Metro-Detroit, Toledo and (random I know) the Traverse City area.