John Jackson I'm probably a cold hard-hearted individual but each paragraph you write screams "RISK!"

@Ally KumarWe are closing on a building in the heart of Plymouth in the upcoming weeks that was built before 1900.

Out of state you give up your home court advantage, significantly increase your risk by going to a market you are less familiar with, give up almost complete control over your investment and instead will be nearly 100% reliant on the kindness of strangers to keep your best financial interests at heart and make or break your investments for you.

@Tony Johnson, spend some pocket money to become a BP "PRO (or Plus) Member", and you can advertise to your hearts content on the Marketplace Forum.

@Nabeel KurjiThey do have a fair amount that were built in the 90's - so closer to 20 years in the heart (First Colony area).

I started investing there because of the price points- but I realized the area isn't for the weak of heart.

I guess it really comes down to the due diligence you did before offering, plus the mindset and heart you have going into a deal.

Detroit is still judged by those ignorant to its success, but I have a surprising number of friends whose properties have appreciated from 200k to almost 1mil due to the construction of the Little Caesars Arena, the updated infrastructure of Detroit, and, the reason for this post, the new M-1 rail, which connects the northern suburbs to the heart of Detroit.

My wife and I were high school sweet hearts and fresh out of high school we bought the house and got married afterwards.  

The point is, all these places are still fairly inexpensive but great rental markets due to people moving farther and farther out in the search of affordable housing, yet they're still within an hour of the heart of downtown Austin, which means an Austin-based investor can easily go visit his property once in a while if necessary.