I’ve heard that Detroit is not a good place to invest as it is a city on the decline.

Even the main city of Malaga, who was considered a backwater city just 10 years ago has become very popular and is now turning itself in a little Silicon Valley and banking center.

The profits from the fix and flips was then used to acquire assets to hold.Lots of lessons learned which I won't go into here, but the biggest one is how to effectively network and find partners.

You can list all the reasons why you charge $250 for a one-time shoveling, but nobody will care when there are other vendors doing the exact same job for $100 or less.I'm in a city of 10,000.

For example, if local regulations require energy-efficient upgrades, prioritize these changes to avoid fines and demonstrate your commitment to sustainable practices.Case Study: In 2020, many cities introduced rent control measures.

But letting minor issues slide was my biggest mistake.

So cash flow isn’t the biggest concern.

I'm analyzing a mountain/lake town about 4-6 hours out from 3-4 fast growing cities.

@Jaycee Greene this is in Kansas City.

If you're okay with that, you can buy in just about any MIdwest city, just make sure you know the landlord-tenant laws.We've broken down the City of Detroit's 183 Neighborhoods, can share if interested.