Should I consider: Purchasing rental properties?

@Shannon Vistisen I would say this, unless you know everything that is tied to that entity, buy the property alone.

@Tannia CastroWelcome to the exciting world of rental property investing, Tannia!

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

Hire a property management company who will manage it for you.

Does anyone own rental properties in Detroit?

I have two properties which at 10% fee will be around $35K.

You can always reach out to my property manager and talk with them about the comparisons.

How do I get the phone numbers of the owners of the properties?

With this route you can purchase a turn key property and expect to lease the property immediately or purchase an existing rental from an investor that doesn't require rehab and has strong numbers.