I will take those that project 8-10% all day (as some say the boring investments / those that hit singles and doubles).The analogy when investing in real estate (VC type investments are very different), is I will stay at 65 MPH in the middle lane with my investments, as those that travel in the left hand lane at 75 MPH at times go faster then go slower, and at the end of the day they may get there a little faster, but it typically is not very noticeable to the person in the middle lane (and sometimes they do not get there faster).

But you do travel out to the park every month or so and check on things. 

Check him out. 

I'd recommend you check all of the above to get a feel for how similar units in your area are priced.Good luck!

Check out the Find-A-Lender Tool on BPhttps://www.biggerpockets.com/business/finder/lenders

Check out local investor groups: REIA of Oakland, MREI and Renegade Detroit Investors.You may also want to follow @DrewSygit for his blog here on BP as the topics are about Metro Detroit market.

Seems like the houses I checked lost in value the last couple of years.. thanks for adding the conversation! 

I'll check it out.Thanks for your help!

Owner needs to check with their CPA.

Every scenario is different, so I guess you should check with your attorney but I think oftentimes your best option is to get someone on the phone and see where they're at.