There's still solid deals to be had in that market, people who bought in 2021/2022 and poorly manage are looking to exit and we've helped secure a few sub to deals in that market + we have some clients who've bought as a 2nd home recently and done extremely well.

I do not own in the market and will not own for other reasons but it is a solid market.

Consider the responsibilities involved, with selling releasing you from property management duties and renting requiring ongoing maintenance and tenant management. 

Orhi Hi Orhi,Been plugging away in Toledo, OH since 2014Here are answers to your criteria regarding Toledo1) $75,000 - $100,000 buys solid B class2) Toledo University is solid and employs many people and has foreign students (43607 zip code)3) Car manufacturers, Pro-Medica, Andersons and the glass industry (Most blue all blue collar)4) Hit and a miss5) Declining population from a macro market but certain pockets in high demand from a micro market stadpoint6) 500,000 people including surrounding suburbsWishing you much success

If the 4-plex is properly analyzed, and the data suggests $800/month cash flow after vacancy, Capex, and repair budgeting, then it sounds like a solid deal.

Tenant is responsible to pay all water bills and inform me of repairs and maintenance in a timely manner.

I appreciate the solid advice, thank you!

Starting with BRRRR in Detroit sounds like a solid strategy, especially with your goal to recycle capital.

You want an accountant who can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.

Once you're ready for the next purchase you will have experience, solid systems, and the confidence to tackle a bigger project like a BRRRR.