The recent NFL Draft, hosted by Detroit, brought in over 300,000 visitors who's attitudes about Detroit did a 180.Detroit also beat out Miami last year for the city with the highest appreciation rate in the US.It's not all unicorns & rainbows though, as there are still many areas of the city investors should avoid, which scammers keep trying to sell to naive OOS investors.PM us if you'd like to know more about how we've assisted hundreds of investors make logical investment choices in Detroit and avoid portfolio crushing mistakes:)

@Rich Emery if you're not EXTREMELY organized, you'll spend every day with your "hair on fire", making critical mistakes that cost your clients - and you'll get burnt out.Don't forget to research the licensing requirements of PMCs. 

Encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

You would need an appraisal, or some sort of FMV as of the date of transfer, which would essentially be your proceeds.Please don’t make the same mistake twice!!

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Make all your mistakes in the kiddie pool if you know what I mean and you can still make 75k - 100k net doing one deal per quarter.

That was a mistake.

@Zachary EngenRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

But I have JUST proven to you that people in these situations have a 99.9% chance they will NOT be motivated.See the mistake all these software lovers make is they incorrectly ASSUME that foreclosures, and absentee owners, and probates and all these situations imply motivation., but the DATA says that is not true.So I have factually, mathematically proven to you, without any room for opinion, that I am in fact accurate and correct.Everyone with a probstream membership answer me this.