Thank you all for any word of encouragement and I look forward to learning as much as I can and getting that bigger pocket we all chase after. 

Fed stated goal via low interest rates "boost asset prices and encourage investment in the stock market". 

Anyone who isn't investing in Detroit now, I encourage them to continue to invest in the areas they are (more for us).Here is my track record of deals-(open challenge to anyone to provide better returns per $'s invested, no takers to date)https://docs.google.com/spreadsheets/d/1_b5hu-UrEB...Here to discuss your flip strategy at your convenience.

Michael Wagner Thanks for your encouragement.

Unfortunately, I'm not in the New Jersey area, but I do commend you for taking a great first step in real estate investment...reaching out to experienced investors here on BiggerPockets.Also, I would encourage you to also join your local real estate investment club as well.In any case, I wish you all the best.

At BiggerPockets, you can take advantage of the free knowledge and resources, network with other real estate investors, and get your deals done correctly here.Also, I would encourage you to join a real estate investing club in Marietta once you get settled in.We are happy to help in any way we can. 

Encouraged by the steady redevelopment of both city's downtowns and new construction heading West.

@Jonne Washington Absolutely, as a starting-out investor like yourself I encourage you not only to go to your local REIA events, but be proactive, read books, listen to podcasts, interviews, and also try to find other networking events at meetup.com for example and even eventbrite.com Don't hesitate about shooting me an email if you have any more questions Jonne, I will be more than happy.

However, in my experience there is a lot more competition for larger properties these days which translates to higher prices and lower returns.That may not be true in your area so I would encourage you to just review as many properties as possible and run the numbers on all of them.

Our agent did say that when she did the drive by today she was not encouraged by the area.Thanks again!