It’s still flying under the radar for a lot of investors, but the fundamentals are strong.Detroit offers:•Affordable Multifamily Options – You can still pick up 2-4 unit properties at prices well below most major markets, often with strong rent-to-price ratios.

I am changing the locks over on all of my units at each turnover.

On the upside, this is the United States, and it's only money.

We've thought about trying to sell off each unit.

Gutted and renovated the entire unit What was the outcome?

You could potentially put as little as 3% down if it's a single family home and 5% down for 2-4 units.

List price: 445,000.DP: 89,000Closing: 8900Total Invest: 97,900Projected mortgage: 2500Rent: 1700 per unit, 3400 totalTaxes: 42Insur: 263CapEx: 100Repairs: 100Vacancy: 100Total expense: 3105Cash flow: 295, 3.1% - 6.0% CoC return. 

Be careful when you select entity types.A pass-through entity in the United States, such as an LLC, may not hold the same characteristics in Canada.What market are you looking to invest in?

I currently invest only in rural communities and small towns and its allowed me to scale to 24 units in three years. 

I house hacked this 4-unit property start year of 2022, moved out in a triplex in 2023.