Today, I analyzed over 10 condos, and while I found one with a positive cash-on-cash return, it was far from impressive.I’d love to hear from experienced condo investors about why this type of real estate might make sense despite the low cash-on-cash returns and HOA fees that cannot be influenced.As a bonus, if anyone has purchased investment properties for their children with a similar goal, I’d really appreciate any insights about your process or results.I am looking at buying 2 investment condos for my children to pay for their college tuition in 13-15 years.

Most property management companies are licensed realtors with extensive experience working with investors and providing valuable insights into their local market.

Quote from @Denise Lang: @Becca F.thank you for your insight.

Thank you everyone for your insight. 

I’ll leave the higher-paying job solutions to the experts in that field, but I do believe both sides are important to address the larger issue.I appreciate your insight! 

That said, it’s been a great market for me—strong cash flow, significant appreciation, and plenty of opportunity for investors who take the time to understand the market’s nuances.If you decide to explore Detroit further, feel free to reach out—I’m always happy to share insights and what I’ve learned along the way.Good luck on your investing journey!

They provide the properties along with their insights and a home inspection.

I’m currently in the research phase for obtaining my first property, and I am looking to gain insight on market trends, investment strategies, and project management.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

I appreciate the perspective and insights.