You have to have enough cash to pay for your holding or carrying costs.And if you want to sell your house quickly specially during the winter, you should combine marketing the property like crazy with offering the house at a 10% below market price.

Many of us including myself talk about our strategy and specialities.

Thanks so much to everyone that responded, and a special thanks to @Bill S.

You might consider Niche or Specialized Housing like student housing.

You might consider Niche or Specialized Housing like student housing.

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