I see people doing this wrong in Michigan constantly.

At the sale, some people, who it must be presumed did not look at the property and there were several bidders. 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Have as many people you can trust give you some advise about your purchase.  

As a CFA you probably know the old quote from Warren Buffett who said something like "buy what you know and understand". 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

I don’t think you understand how ranking system and first page works.

Get people financially educated and let them buy their own houses.

I have been interested in real estate investing for a long time, but never really had the community, capital, or understanding of how.

Having graduated from BC myself, I understand the charm it holds, which can be perfect for the right person.What year did you graduate?