I focus solely on Detroit proper because, in my experience, the rent-to-price ratios, opportunities for value-add projects, and overall market potential are much stronger there.That said, Detroit is a nuanced market.

I recently came across a property near the international airport that seems to have good cash flow potential.

This does not mean actively acquiring but rather considering valuation, market demand and rents, and potential ROI. 

You can still find positive cash flow (aka the 1% rule) and amazing appreciation potential.

@Brandon Pimm my friend and I are in jersey as well looking at Allentown as potential first rental property purchases.

Consulting a tax professional now can help structure ownership and financing efficiently, ensuring you take full advantage of deductions, depreciation, and potential tax-saving strategies like 1031 exchanges in the future.This post does not create a CPA-Client relationship.

This is how I see it:Single-Family Homes:Pros:Larger pool of potential tenants (families).Simpler management (one tenant, one lease).Often easier to finance.May appreciate faster in some markets.Cons:Only one income stream.Vacancy hits harder financially.Duplexes:Pros:Two potential income streams.Live in one unit and rent the other (house hacking!)

If the stars align, we estimate that we could potentially earn $1,000 to $1,500 per year from the property.

Potentially lower down needed of 15% with better rate and 6% cap in IPC’s

Don’t be one of them.There were different ways that potential buyers wasted my time.