Section 8 can be a solid strategy, especially in cities like Detroit where the rent-to-price ratios often make it worth considering.

You can look into different strategies in the forums.

Hey gang, has anyone used this strategy as of late?

The best strategy is to buy properties that need fixed up with hard money/HELOC, fix them up, the refi out to pay back your HELOC/hard money.

Then rent the bigger home out using a property manager, allowing her to possibly cash flow and maintain that asset and let it continue to grow in value.Encourage her to consult with a CPA or tax attorney to explore the best strategy tailored to her situation.

I think it's a great strategy.

One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.

I'm an investor and realtor located in the area and happy to chat ideas & strategies and see how I can help. 

Quote from @Garrett Jennings: I wanted to check on the forums before I consider using this as a strategy.