You need to be aware of what you're buying seeing it in person.I think you can make some decent money in Detroit because it's becoming revitalized, but you will likely be looking at more of a cash flow play than an appreciation play.The best investors in Detroit are the ones who have the ability to buy into the area because they have the influence to change the area.Dan Gilbert has invested in Detroit, and it's smart for him to do it, because he's literally buying blocks of downtown area, and actually buying his own security force (basically to double a police force) to monitor and control the crime in the areas he buys.If you are just buying one house in an area, you better go check it out.  

Property management is easily monitored and recordable3.

they probably can't monitor that list, but anyone can access the website, correct??

Why are you guys "hating" on the buyers/borrowers for going by the new Vantage 3 scoring that Credit Karma and every other "free credit monitor" service out there is now going by? 

They will get the bids, ensure the subcontractors adhere to deadlines, monitor their progress and general quality of work. 

When your unit is empty, what do you use to monitor it?

Also, monitor the contractor's work, ensure they are on schedule and do what they say they are going to do. 

If the contractor did a good job, it is highly unlikely that this thing sticking out of the floor is not his doing, it could also go the other way that he didn't monitor his subs and did this issue, who knows.

Hey BP, I am a relatively new real estate investor and I was curious as to how you guys monitor market conditions and cycles in your areas.

Well worth watching the video linkLandlord dropped the ball and should have kicked them out sooner or called city inspector out to monitor the situation when he suspected the issue was a health problem.