the homes were selling for 120 to 160k  at that time .. same homes sold for about 20 to 30% higher a decade before.. then as we know Detroit had one of the great crash's and just like your buddy at 3k a home many of these homes went down to the teens etc.. and have just been crawling back I dont believe the values have ever gotten back to their historic peak.. maybe one day.. but not today..

One buddy had to wait two years before he was allowed to open up another credit card with them, a couple others had to only wait one year.

I help a buddy of mine manage his property in Blairsville which sits on the Nottley river, he only uses VRBO and is basically booked solid.

go ahead & buy one buddy, get ready to level up! 

When I was still active, the only time I would consider self-managing was when my tenants were college buddies and shipmates.

I also have a buddy who installs cameras.

I am in AZ and the 4% is what is on their website, but my buddy is using them in Denver and he said it was 4% as well.  

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

I have a buddy that's very successful in D Class areas.He drives around all day putting out fires, getting in literal fist fights from time to time, throwing people out of their apartments or changing locks when they leave, constantly breaking the law because they are "civil matters" and he knows the tenants won't come after him, and shaking folks down for late rent.I'm sure folks in A Class areas are doing the same, right?

THIS part would be a blast to do with your buddy.