Quote from @Casey Wilson: Hi there, I was wondering if any Detroit-metro experts from the PB community could offer advice on what areas in the Detroit-metro area might be worth exploring for rental properties (ranging from single family homes to 5+ unit apartment complexes).

Mention which properties they would consider selling.

Estoppel letters are definitely something I would recommend for commercial properties.

Purchase price: $105,000 Cash invested: $90,000 Property needed some serious rehab, from trees roots destroying the basement walls, to plumbing, electrical, to roofing, landscape.

Property has been owned for about 3 years now.  

I would reinvest in a another property and use a 1031 exchange to detour taxes.   

Find a better property manager.

What I am hearing is you will need to rely on  some properties to carry others.

All depending on perspective.I would take it with a big grain of salt, I think Opendoor is trying to drum up interest, given how many properties, they and other institutional buyers, are having on the market (e.g.

Buy and hold used as short term rental property.