It seems all the post I have read on here are older and I'm not sure if conditions are still the same.

My initial question, does anyone know what's involved to invest in a US market as Canadians?

Detroit is not a market to play around in without a professional on your side.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

The banks are just very conservative in this environment.I met a gentlemen who came into my brewery (current location that I lease) and we got to talking about the general market and our plans to scale. 

I am sure, alas one cannot specialize in all markets:)

MLS - it was overpriced for the condition it was in.

The market appreciates 3% per year.Pay cash for one house and rent it for $1,500.

The ARV value came back at $201,000 and a condition rating of C3 with a reported median rental figure of $1,595.

Once the rental home is sold, my half of the proceeds will be roughly $113,000 (this is after closing costs and taxes and is an estimation based on the current market value). 

I'm grandfathered in to the lower pricing of the past (was originally like $850 for their top plan, and I had 36k a month plan) - and they allowed me to add an additional market (which adds additional 36k a month) for a discounted rate.