I'm located in Austin, TX and here are a few of my strategies.

Diversifying your portfolio can provide stability and growth potential, especially if you explore different types of properties or geographic locations.

I cancelled their contract and when I asked them the security deposit be mailed to me in NJ, they sent the security cheque to some address in Philly.

For instance, depending on your location insurance costs could be much much higher than indicated in the book, construction costs are a lot higher, etc. 

Great location and high rents vs initial investments in this area.

They were able to find the leak location and luckily, the it was not under the house! 

All that said: I don't know the market you are talking about, specifically, but I would say a good quad in a good location will always be in demand.  

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Can You Secure a Second FHA Loan?

Their most common threat is a security deposit dispute.