Auben Realty is the only brokerage in our area that specializes in Real Estate Investments.

You might consider Niche or Specialized Housing like student housing, vacation rentals and military housing.

I specialize in construction, because construction is a large part of my background and knowledge, but I also have several clients who own and manage commercial apartment buildings and strip malls.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Good read The Real Estate Agent's Ultimate Guide to Working with Investorshttp://www.biggerpockets.com/renewsblog/2013/08/24/real-estate-agents-working-with-investors/You might consider Niche or Specialized Housing like student housing.

:There are a lot of opportunities here in Detroit but people aren't looking close enough @Filipe Matos  I am sure there is really good oportunities, the problem is to know where they are, specially for someone that does not live there.There is a lot of areas that most likely you will lose money, I will have to maybe start small to test the waters and then pull the trigger on a building

Prat,I recommend finding an accountant who specializes in real estate taxation over one that is local.

Prat,I recommend finding an accountant who specializes in real estate taxation over one that is local.

It would take a special friend who would want to possibly forego the higher offers.

But if it's zoned for a great school district or has some other amazing attribute like a million dollar view, you will fare much better.

It's hard to get people to drive far from attractions for homes that aren't truly special (unless you are competing solely on rate, in which case you may attract some less desirable renters).