I screen well but I also don't get doctors and business professionals renting from me in my demographic.

The cap and return is less but the appreciation and demographics are better.Conversely you can have areas that do not appreciate more but are cheaper to buy in price but have tenants working 2 to 3 jobs and constantly moving around.

In your area, I'm guessing that's not a big demographic, so I'd consider what else you could do should the city crack down.Again, if you're not within the city, then this doesn't apply to you.

Does anyone have any data on the type of people moving to Detroit, what's the demographic, where are they coming from? 

Hey guys it's been a while since I posted.I was wondering what the current best tools for finding Data for real estate searching are.I currently use Property Radar for California properties.I love https://www.city-data.com/ for free demographic and housing data using heat mapsI also have a paid sub to mashvisor, but don't find it much more useful than the free stuff I get from city data.

It will be their job to fill vacancies, collect rent, make repairs and handle emergencies.Buy in an area with some similarities to the area where you live, such as climate, demographics, or property age so that you have some idea of what you're dealing with.

I would like to be within 10 minutes of downtown Greenville where my work will be but do not have much knowledge of the demographics of all of the neighborhoods in the area.

A lot depends on the market competition and your demographic.

I'm also a big fan of Chris Voss's Never Split the Difference (negotiating), Big Shifts Ahead by Burns and Porter (Demographics) and any of the J Scott books (Book on Flipping House, Book on Estimating Rehab Costs).An overlooked book is Flipping Houses Exposed by Danny Johnson. 

It explains why he will most likely have more success than the big firms because A) he is in tune with the target demographic of a lot of businesses, and B) he doesn't have to worry about regulation violations when he invests $1,500 in one or two companies, unlike the mutuals, who invest millions at a time.I have read the book a dozen times over the years.