Absolutely,I have a lot of clients working in Detroit and it has some great opportunities centered around 1-4 unit, affordable fixers that, with a little bit of work can become great cash flowing investments with lower annual tax and insurance costs.The downside is that you definitely have to know what you are doing as the good properties need some hefty work, and the market is pretty competitive.

While Section 8 offers benefits like guaranteed rental income and a larger pool of prospective tenants, there are administrative requirements and potential differences in payment expectations to navigate.Before making a decision, conduct thorough tenant screenings to ensure tenants meet your rental criteria beyond their Section 8 status.

it means that if you max out your debt to ratio income on your first property then when planning for your next property will be more challenging as you will basically need to make sure when you leave your current property that your rental income will cover all of that properties monthly mortgage, tax and insurance. 

Insurance difficulties are everywhere these days, but it seems there is at least one (expensive) option in most instances.  

They also offer tenants various payment methods, which can simplify the process for everyone involved.

Market is crazy right now with multiple offers on most buildings that are priced right, so definitely a great time to sell!

I've even made an offer on a distressed property in my last trip and had a great experience negotiating and trying to workout a deal.

If so, what is the best type of insurance company to contact regarding that policy?

Then getting legal requires Liability Insurance, Bond, Workers Comp , Etc.If you do all this, you will probably lose money the first few years while you learn the ropes....but after that you can expect to make about 20% for Overhead And Profit .

I made the owner a lower offer and asked for 25K back in credits.