That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

Hey Jacklyn, when investing OOS, it's very important to do your due diligence on what neighborhood grade your property is in. 

Huge counterparty risk, I am just working through a scenario where a correspondent HML in the midwest got defrauded from bad diligence and their funding partner is having to clean things up.

Trying to do my due diligence and research reviews on them before making this expense.  

Understand the difference between the two, how they are compensated, and how they serve you during the due diligence process. 

3) How can you achieve your well intended goal and hit your mark in a measurable and diligent way?

They did poor due diligence and a poor business model.  

Stay on top of things, stay organized, and track every important date, from due diligence to contract extensions.Early on, I got myself into some pretty stressful situations.

I couldn't agree more Mackaylee.I'm defiantly going to have to do my due diligence to protect myself legally.

Do your due diligence.