@Puneet Sharma it is VERY risky investing in the City of Detroit via zip code!

Talk to a lawyer.If you get in trouble with your city you won't be able to rent it out now or later.

We are in Lake Balboa in the City of LA.I'm considering giving my landlord an offer to buy before we move.

@Tyler GilpinGo online and check the local housing authority for that city.

I am also exploring Ohio Columbus and other city's in the midwest   

This step would include understanding City zoning & platting, locating utilities, researching City codes for development requirements (big ones include detention), etc. 

Which specific cities are these new builds ?

Typically you can get a window egress installed for $3k-5k.Not aware of a Metro Detroit city that will allow the conversion of a SFR to 2-4 units in an R1 zoned area.- You can improve your search by only looking in R2+ zoned areas.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.

Its as dead as that You can get that in the hoods of most midwestern cities.

It's Morning in Nashville, what a great time to witness this city growing up.