I think you have to ask a few crucial questions, first being what do you believe a good ROI is.

I know this is what everyone says but its so crucial in building a business remotely. 

This is especially crucial in NJ and serves as a fast track towards financial freedom. 

(What Andy didn’t trust you with the bullet that day.)I have forced squatters out of a house I didn’t own more than once; you were enjoying your Latte at StarbucksI moved from Orange County California to Detroit because of the opportunities here.

As many of you have pointed out, maintenance issues and proper property management are crucial. 

There were multiple offers on this property and his expertise was crucial in getting ours accepted - we weren't even the highest bidder.

First, it's important to remember that having a comfortable amount of reserves is crucial to your financial security and peace of mind.

In the section discussing Cap Rates, I'm having trouble wrapping my head around why this statement is true: "Cap rates on stabilized properties tend to be higher than cap rates on properties that require value-add"My internet search and search through BP forums leads me to believe that stabilized properties should have lower cap rates....The disconnect here is you are attempting to compare apples to oranges: cap rates for a "value add" versus "class A." 

Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.All the best!

The orange and yellow zones are on-the-deck.