There isn't enough inventory to go around so as long as no new developments kick in (which there isn't enough land), most homes will see some sort of appreciation.6.

Those landlords that choose to artificially subsidize communities via suppressed lot rents do not generate sufficient reserves to set aside for inevitable capital improvements to the community’s infrastructure and aesthetics.

Your story resonates with me and my partners, as we too ventured into Detroit's real estate market, albeit on a larger scale, and have faced some significant challenges.In the early days of COVID-19, my partners and I invested in land in Detroit's vibrant Corktown neighborhood with the intention of building 42 townhouses and a 72-unit rental building.

They would do a stellar job helping you navigate and landing hand managing :)

I’d love to connect with experienced landlords and investors who can share advice on getting started, selecting properties, and navigating the Section 8 process.

All liability will be put on you As a landlord otherwise. 

I know this because they filed an affidavit which clouded the title on a land contract that I purchased from them.   

Alternatively, I have spent the last decade doing technical work in cybersecurity, and can land a job between $140k-$190k (depending on where in the US). 

But, it is bad for landlords, long-term.

Will be doing the same thing myself with land on the team I joined at Keller Williams.