The property is a brand new construction that I own outright and the rental market in this city is very strong as of now there is quite the shortage.

Location is critical, so look for areas with job growth and strong rental demand.

The investments going into the community are strong and a large section of it is in an opportunity zone which has some added tax benefits.

Investing in new construction can make sense here given the strong appreciation and you end up leveraging basically the same amount of cash and have an asset that's not 60+ years old or more. 

The market here has been pretty strong, especially in growing areas like Charlotte.

I've been investing there since 2019, and I continue to see a lot of strong reasons why it's a compelling market:Revitalization & Growth: Detroit has been experiencing significant revitalization over the past few years.

We won out mainly for purchasing without a loan (yes, hard money, although strong, can still go sideways in a deal).

Look for areas with strong rental demand, low vacancy rates, and proximity to schools, employment centers, and amenities.Future Growth: Check for signs of future development, such as new businesses, infrastructure improvements, or public transportation.

Sorry to hear about your first market not working out, but it's great that you're keeping at it.I invest in Detroit and it’s been a strong market for cash flow.

I'd strongly recommend spending the first few months or more networking and self-educating before you consider paying for any kind of program or mentor/coach.