To start, set investment goals, analyze properties, focus on emerging neighborhoods and budget wisely.

.$100k for a 2/2 is high for the City of Detroit, unless at least Class B.So, you should take time to understand the NEIGHBORHOODS in the City of Detroit.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-ecorseContact us with any other questions:)

Our house is the cheapest in our neighborhood, and the Viera area continues to open new businesses and build up with new $650k+ homes.

We updated his listing with better photos and added some details about the neighborhood amenities-like the nearby parks and cafes-and it made a real difference.

Target neighborhoods near Bradley University, research rents, join real estate investment groups, connect with local agents, use the 1% rule, prepare for financing, and seek advice on cash flow and property analysis.Good luck!

We bought the property seller-financed with power, a small bathroom/laundry building, a 40x60 metal shop building, an RV pad with 'full hookups' (power, water, septic) and not much else.  

With $170k to deploy you most likely will have that all in one, maybe two deals, if it doesn’t go well you could end up way worse off.That said, if there are other factors like the property is a huge pain to manage or you are worried the neighborhood may actually get worse or you know you need a new roof in a couple years, then I’d consider selling.Also, even though you said it’s not a high appreciating area, do you think 1-2% is fair?

Mine are all in pretty good neighborhoods that are very walkable.

The $1,550 is the max they'd be willing to go to if that sub-market and neighborhood comps can support $1,550 plus.

Not just because I live there but because it is generally cheaper and better neighborhoods are available.