My point here is I don't know how they guarantee a deal but that is an interesting proposition.  

That list of areas, it's what everyone talks about...Nobody raves or brags about the Detroit opportunity...I think I'll save my story for choosing Detroit for another time, but the long story short version is this: I believe Detroit is the greatest economic opportunity standing in front of us all today, and those who know how to navigate it will get stupid rich.Below is a snapshot of my Detroit portfolio. 

@Landon Sheveland How exciting that you and your wife are taking this first step in Real Estate! 

Check out this reply when I asked him how long he spent closing his own loan.

We all know how things can change. 

Hi all! A multi-unit property was purchased for $140k.  The estimated value  now (roughly) is $200K.  Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan. What is the bes...

Any advice on how to proceed cautiously in these times?

I don't know how that business could survive long-term with such low rates.If those numbers are accurate and you can net $38,000 a year, then it's worth holding onto.

More on how that is calculated below.

Now, you need to figure out how to find deals and pay for them.