Does anyone own rental properties in Detroit?

Iown a 2bed/1 bath property in the Fort Worth Tx area.

@Angel PerezSounds like you are dealing with a C5 property. 

“Broker” is a legal term that often requires standardized coursework and a state license. 

Quote from @Amol Kulkarni: Has anyone used Homeriver Group Property Management in Jax and Citrus Spring.

Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------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?

I will be lowering the asking price and seeing if that will help in the sale of these properties.

@Tannia CastroWelcome to the exciting world of rental property investing, Tannia!

It's an acreage property near the lake that has a main house (2/1), guest house (3/2), and small studio-layout unit (3 units on same property).

If finding a new replacement is more difficult then get your new property under contract first even before your old property closes.