At $1200 in rent, you will probably have negative cash flow. 

I’ve been involved in property management for over a decade and have a passion for optimizing operations, maximizing cash flow, and creating great experiences for both tenants and owners.I joined BiggerPockets to connect with like-minded investors, property managers, and real estate professionals.

I personally would not invest in detroit as historically its not a appreciating market and for cash flow and I invest primarily for appreciation - I go off the location location location mantra. 

I collect my rent via cash app. 

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

After more than 5 years, you should more than triple your cash investment.

Really pumped you introduced yourself.. how comfortable are you with analyzing cash flow details so far?

House hacking a duplex, even with negative cash flow upfront, is a great way to build equity while learning hands-on.

How much cash flow is the property producing per month?

Quote from @Adolfo Herrera: I recently bought a piece of land(cash) in my hometown in Texas and I am looking to start building a home to sell.The lot sits in a new neighborhood and is in the more affordable side of the Rio Grande Valley.