Does anyone own rental properties in Detroit?

My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

The best properties are those that have room to grow and only require minor maintenance.

I am a property owner in central Texas of a multi-family home.

Quote from @Dinesh Nair: I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ? 

Is she paying a property manager?

If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.

@Jacob Glover seasoning period on a cash out refinance for a new construction property starts ticking from the time you took ownership of land with conventional financing, but requires 12 months seasoning. 

As long as the Belize property is not part of the collateral your fine.  

We try to save money by occasionally doing our own work, we only have a handful of properties.