A month-to-month rental is typically priced higher, which means you may be worth $4,000 - $6,000 per month.I highly recommend you research your market and understand the value of what you are renting.

Whatever is cheapest and most durable for your market!

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.

Whether they are section 8 or market rate, a bad tenant can cause $10's of thousands of dollars of damage really quickly.  

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:)

It aims to streamline operations and improve financial performance.Callaway, which leads the U.S. market in branded golf clubs and is second in branded golf balls, will focus on growing its equipment business, while Topgolf will continue expanding its entertainment venues.

@Ashley Guerra - I live and invest outside of Philadelphia, so I can't comment on your specific markets in central and south Jersey, but can provide my perspective on things to think about to help your decision.1) I would consider speaking to 3-5 people/investors in each market you are considering (central and south Jersey) to listen to their thoughts on pros/cons of the area and how they invest.

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