Both have strong economic and demographic fundamentals (i.e. diverse economies, growing jobs and populations) and for that reason, would put Detroit in the same category.

Valme If you've been studying investing/finance/real estate in college, I would guess you have a strong foundation in the fundamentals of how to do this as a business.

Also note that some red states may have favorable laws, but lack other fundamentals that make it a good place to invest (e.g. population and job growth).I don't disagree on the comment about Americans and their knowledge of the world around them, but that's a subject for another forum.

Reason being--it frees you up from having to do super-advanced stuff (rehabbing, finding viable properties, finding tenants, landlording, etc.) and lets you focus on learning the fundamentals.

@Adam Blachnio Lack of familiarity and inability to delegate effectively to management are the biggest fundamental hurdles I see investors encountering when investing remotely.

That's another term for a bird-dog or lead generator; someone who is an initial point of contact with a principal (someone who has the capacity or standing to sell something that they own or control).Your best prospects for finding guidance is to begin studying real estate fundamentals like title research, comp values as well as sales so that you better understand the situations of the would-be sellers you encounter. 

I'll add Rich Dad Poor Dad to the book list, it definitely helps with fundamentals and mindset! 

You'd find it enlightening to ask one of the wealthiest RE investors in the country - Warren Buffet - the last time he put up sheet rock or painted a wall.Yes - learn the fundamentals of the trades now while you're young so you understand what goes into building and repairing structures and dwellings.

Everything offers something different, and a lot of it is a combo of market fundamentals + turnkey provider quality, in terms of how I decide where I'd buy.

While underlying fundamentals are very strong in the West, if the economy experiences an unforeseen stumble, there is perhaps greater risk of a price correction there.”