Remember, real estate investment involves risks, such as reliance on tenant payments (like you mentioned) and potential, unexpected, property maintenance/repair issues.In conclusion, both strategies have their merits.

But that had to do with so many different factors that are unique to Detroit (e.g. over-reliance on one industry, CRAZY politics/corruption, CRAZY union issues, a wide geographic area that made it very expensive to provide necessary governmental services, etc.).

This is especially true when you utilize low money down to purchase multifamily.Caution with Out-of-State Investing: Investing out of state entails complexities and reliance on unfamiliar parties, which may pose challenges compared to local investments where you can easily drive to and learn more quickly about.Realistic Assessment of "Cashflow" Markets: While investing in cheaper, cashflow-focused markets out of state is popular, it's important to recognize that the numbers on paper often differ from reality, and success stories may not represent the norm.Manage Expectations: Be wary of overly optimistic narratives and calculations, and ensure your investment decisions are grounded in realistic expectations and thorough research.

Navigating these from a distance can be more challenging.Market Risk: You might not be as immediately aware of changes in the market dynamics, and reacting to market shifts can be more challenging when you're not physically present.Travel Costs and Time: Visiting your property or dealing with issues may require more time and resources, especially if it's a considerable distance away.In summary, investing out-of-state offers the potential for diversification and higher returns, but it requires careful planning, reliance on local experts, and a willingness to adapt to different market dynamics.

I think by BP doing any verification of such issues actually opens the door to an implied reliance on BP and thereby creating a laibility issue.

Self-reliance - Don't ask busy people to get/give you things that you can get on your own in 30 seconds.

If the war continues it will result in about 10 years of adjustment that will be paid for primarily by the working class.Over the term I am hopeful that Canada will move away from reliance on the US for manufacturing and ultimatly strengthen our own economy....but it will be a long haul.

I am sympathetic to your plight, as I understand it can really hurt to build a reliance on something and then have that taken away.However, I don't really see a way out of this. 

That may be true for many, but value-add has its own risks, some of which are being exposed right now: low going in cap rates, reliance on strong market performance to achieve rent growth, typically higher leverage, out-of-control renovation costs, etc.There are a lot of investors that don't want that.  

I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the investment) and/or a reliance on appreciation (which I don’t like).I think there is agreement that $100/door is not a good metric for a limited number of doors, but I struggle to see how it is reasonable even at 100 doors.I would be interested in hearing from people who agree with the $100/door and those who do not agree with the metric.