This is not what you have been conditioned for.

Remember to always budget 10-25% (depending on age/condition) extra as a buffer.

Im not sure if I do enough to call it active but it's my only gig right now since I retired .No involvement , I go check on the property in Colorado on occasion to check it out the condition.

Overall condition is pretty good new appliances in the kitchen just a very dated 1990s look.

:) )4) Do you heat/ air condition the common area?

Educating investors about market conditions is essential.

This includes operating your heating and air-conditioning system as appropriate to reduce humidity, using appropriate ventilation, limiting evaporation of water, promptly removing any visible mold, and immediately reporting to us any leaks or other water intrusion into your apartment or any visible mold that you cannot remove.

I am finding some that are below 200k that are not that bad in condition.

It is in leasable condition but has below market in-place leases.

I invest in Detroit as well, and it's a city full of opportunities if you take the time to understand it.A couple of quick tips: Get familiar with the neighborhoods—Detroit is very block-by-block, and the difference in property conditions or tenant quality can be drastic just a few streets apart.