It’s a city I know well because I built a 12-door portfolio there between 2019 and 2021.Detroit offers a lot of value in terms of affordability and rental demand.

I have already met with and spoken with a couple through my current work (both active and recently "retired") that didn't seem all that eager to get into the topic, or interested even offering advice beyond "I wouldn't recommend it."

Given the competitive market at the time, every property was receiving multiple offers, and securing a deal required both strategy and speed.

3.5% down is offered through a FHA lender.

It handles inbound calls, responses, and even follow-ups automatically, so by the time I step in, it’s usually just about making an offer or negotiating.I’ve been using NextProp.AI, and it’s made things way more efficient.

Additionally, your retirement accounts offer some protection from potential lawsuits.

I have bought 2 of those, offered on plenty.

However, full site visits, though more expensive, maximize tax savings by capturing every depreciable asset and offer better audit protection.While online studies may be suitable for simpler properties, full site visits are ideal for complex or high-value properties.

Our ability to offer cash and close quickly gave us an edge, allowing us to secure the property under market value and position it for a seamless resale.

The drawback is you need to build trust and relationships upfront.Both have their place, but private money tends to offer more flexibility, while hard money is more structured and accessible if you lack personal connections.