Property prices are still very affordable, which makes it great for BRRRR or buy-and-hold strategies.

You say she can barely afford your rent but now she’s paying that rent and presumably rent at another place she’s staying?  

But I am especially risk-averse about some things, and I couldn’t afford to NOT do a 1031 exchange.)

I started investing locally and have kept expanding after moving out of state, so I’ve got experience navigating the challenges that come with investing from a distance too.Detroit has its challenges but also some of the best potential for cash flow combined with affordable entry points.

About time! This will create some more movement, has been holding up quite a bit of growth. Good to see the city make some practical decisions. 

Highlight efforts to minimize displacement, such as offering lease renewals or supporting affordable housing initiatives, and share data to clarify financial realities.

I'm looking to start off in areas with lower costs coming in, preferably under $100k single families but definitely under $200k.These markets are particularly appealing for novice investors, especially those from California, as they offer more affordable options compared to local alternatives.

Basically you can afford -3500/month which equates to ~$500k if no rental income.  

And there's a 147 unit section 8 apt complex being developed as well - in an "affordable" area. 

For stable markets, consider places in the Midwest or Southeast where properties are more affordable and rental demand is strong.