I started a new post asking people's thoughts about insurance costs in your local area and specifically costs to rebuild and other challenges:https://www.biggerpockets.com/forums/95/topics/1227051-insur...

The key is understanding the nuances of the program and making sure your property aligns with their inspection standards.In Detroit specifically, Section 8 tends to work best in C and C+ neighborhoods.

In terms of maximizing your returns you want to compare the interest to an alternative.

To find the best community bank, I would post in a local facebook group and ask which are the best local lenders to work with and ask for a specific contact.  

Big welcome.. do you have a specific neighborhood in mind, or are you still exploring?

Asking about the SW suburbs specifically, in the land of long sidewalks and big actual parking lots. 

Maybe in the future you might see sellers request bitcoin or a bitcoin based crypto currency specifically for real estate transactions. 

In many cases bigger banks or lenders have specific programs that cater to first time home buyers and investors. 

Are there specific market indicators or property traits I should be paying attention to?

Hi Shawn, I don't think the verbiage in a notice like this is state specific.