Median sales price for 27520 zip code is closer to $250k and rents currently ranging from $1200-$1800 for detached homes.

Do you have specific neighborhoods or zip codes you're looking in?

I'm not sure of that answer even though I've had two properties in the area (Area Code 20744) over the last 30 years. 

While you can increase your chances of NOT getting screwed with your zip code based approach, you will eventually get screwed because you buy in the City of Detroit block-by-block.Put another way, I can take you to the best zip code from your analysis and show you houses you'd be a fool to buy.I can also take you to the worst zip codes and show you houses that would be a pretty solid investment.

These are professionals with additional training and a stricter code of ethics.

These are professionals with additional training and a stricter code of ethics.

If you can live in certain zip codes, the Bank of America zero down program may be an option. 

I have two properties in the zip code 94603.

I’m wondering what zip code it’s located in, how you acquired it, how you funded it, how you added value, what loan you refi’d it into, and how are you renting it now.

I personally use Hospitable for hosting, it integrates with my Schlage Encode lock and automatically generates door codes.