Also if there are other investors in the Detroit metro area looking to work together I’m interested in at least having a conversation!!!

If you are buying to live in, you could also do FHA with a cosigner.

Live way below your means and save the majority of your income.

The answer is yes, but it is generally found when the owner is also living in at least one unit (aka "House Hacking").

It’s great to know there are resources & professionals like you willing to help guide new investors.Looking forward to connecting & continuing this conversation!

Are you looking to live in one unit and rent the others? 

We currently live in Houston, TX but we will be relocating to the Seattle/Bellevue area this summer for work.

House care, lawn care, condition of cars, street conditions, absence of pay-day loan shops... basically all the things you look for when determining where to live yourself. 

My credit should be the highest allowable also and I shouldn't have problems with approval.Ok, i shopped about 80 lenders (based on Fridays rates, market is closed so no live pricing)Conventional Full Doc loan you would be at 7.875% if you put 20% down (you said what the house was worth, but not your purchase price). 

So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.