Property tax is levied by the local municipality and needs to paid by the owner, regardless of where they live.

I am your bridge to local cash buyers that I know who are closers.

location location location. 

Use the app "meetup" or look on FB for local get togethers.

Since you're a fellow Detroit'er, what local investment meetings do you attend?

Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

A great way to network and meet people in your local community is to attend in person meet ups.

A Local Realtor to the property can do a broker price opinion, cost varies.OR Pay for on of the 100's of AVM services

Let's assume this location has more than average appreciation but not very promising of big jump.

You may want to visit a few cities to get a feel for the different markets and meet local real estate professionals.