Aishan,Detroit is one of the best markets in the country but you have to know what you're and you have to work with people that have your best interest at heart.

I would take Travis advice to heart as he is from the area.My advice was going to be to find an agent or PM or an investor who is making it work and follow their lead. 

I do have a great agent recommendation if you need one.Hi Tim, thanks so much for the warm welcome!

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Everyone knows about that, so I’ll move along.There’s also the big heart…minus the Jesus fish on the sleeve or the cards.

hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.

An example of one package we have is a Romantic Package - $199. 12 Balloons (buy the helium tanks and keep balloons on site for your team or use a local shop)Rose Petal Entry Way (bought off Amazon)2 Dozen Roses (local grocery store for $10-15 each dozen)Led Candle Display (bought off amazon and reusable)I Heart U Signs (amazon and reusable)Champagne (or wine if they want)This equals around $60-70 each time and we pay our cleaner $40 to set up.

PS  flying to DCA today LOL  looks like I will make it had to pull all my warm cloths out of my closet. 

Warm regards,MPRobin Hood Properties

My quick opinion is yes, there's money to be made as an investor, but it's not for the faint of heart (or stomach)!