Price-to-rent ratios are solid, and there’s still room for appreciation in the right areas.The key is understanding the nuances of the city—it’s not a market where you can just buy blind and expect good results.

Most of the time, we resolve the situation in less than three months through cash-for-keys agreements, court mediation, or by creating enough pressure that the tenants decide to leave on thier own.We currently manage over 700+ units and flip about 20 multifamily properties a year, the majority of which have inherited tenant problems.

Is it turn-key, or deferred capex?

As for building trust with sellers, communication is key.

The key to success is understanding the nuances of the market—different neighborhoods perform very differently, and having a strong team on the ground is essential.If you’re interested, I’m happy to share some resources on investing in Detroit and what makes it work for BRRRR.

We are in a safe community, so tenants can choose to leave the door unlocked or hide a key under the mat.

I’ve seen deals get locked up in hours, so having my numbers ready ahead of time is key.

Those are key to demand and long-term value.It all comes down to your underwriting.

@Linda Weygant Yes agreeing with @Montse C. here that this first needs to be discussed by the governing bodies and most likely will get tackled or at least in part tackled as it makes no sense.

@Michael Fucillo You are not jumping the gun at all.  16 units is still a lot to manage by hand, and getting a system that makes your day to day easier is going to be key to your own sanity.