What is drawing you to that specific location?

I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.

Yes, You can buy and asset, fix it up and rent it out to make money without you physically having to work for the money. 

We found an opportunity to purchase a huge SFR with two kitchens located next to a commercial zone which was previously used as a sober living facility.

I have located the VIN numbers for each trailer and now I am looking for advice on how to get titles to these trailers. 

Every adult should be fully screened to ensure you aren't renting to a violent criminal, drug dealer, etc.

I'm an investor and realtor located in the area and happy to chat ideas & strategies and see how I can help. 

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

I exited the market due to the short term rental regulations - properties that are rented under 90 days are considered short term.

Rental gives $500 monthly income from $2,000 rent.