Are you looking to follow the BRRRR strategy or find proeprties that are turnkey? 

I think you should seriously consider your financial goals and strategies.

Hi, We're looking to invest in properties in Detroit preferably with the BRRRR strategy. 

Recommend talking to your CPA about this strategy. 

This strategy could work.

Having watched many prior co-workers get paid, cash their check at the casino, and promptly deposit it all into a slot machine I can tell you with pretty good certainty that casinos don't have a positive effect on disposable income and good use of the existing income in the area surrounding :)Are there solid local employers OTHER than the casino in a 15-minute drive? 

I agree with the house hacking strategy.

What is your exit strategy?

If the bank will call their note if you commit to the transfer you can also check out this article as one strategy that has been used to work around the issue.This is not legal advice, just my opinion as a real estate investor.

I also work with a team that helps cash buyers execute the BRRRR strategy or build rental portfolios, making it as seamless as possible for out-of-state investors.Best of luck, and let me know if you have any specific questions!