Good market or not so much thx Just as an aside, there are several much better markets between where you are and New Orleans.  

Buying OOS just adds several layers of risk for most people and most places. 

I know several good ones in the area if you need. 

Once they are leased, then you can take over from there.There are several software options if you want to self manage.

Also, I'm sure several lenders will respond to this thread and offer to work this deal. 

Hey John,I work with several different property managers, which I refer to for my clients (I'm an investor friendly agent over here).

They host several meet ups in the Seattle and Tacoma area. 

@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

My ideal location is in the middle so I'm away from severe flood risk, but still 15-20 mins tops to downtown or the beach.  

I was able to gather several different teams.