In the 3- Star property segment, price declines were less pronounced, falling about 15% from the peak where deals once traded for approximately $210,000 per door.In addition to asset quality, investors adapted their approaches to stay ahead of rent growth, leading to noticeable shifts in sales volume rankings.

On the properties you are looking at based on current mortgage rates etc you can profit $10k per property or more if you are self managing.

I would also recommend self-managing, as any building you buy in a nice neighborhood really won't take much of your time at all.

Just had a seller tell me his 10plex was worth 2.5 million, when I brought him a direct comp that sold within a year, in the same town, same condition....

Intentionally chase passive income, such as investing in a business that you do not operate - directly or through syndications.D.

If you can roll it into a self directed ira or solo 401k (if you qualify) then you can make this investment without taxes and penalties.  

From my understanding - paint last upto over 7 years if there is no lead issues.

Micheal for deep dive into staying safe in Detroit.Lastly Detroit like many other markets the prices and returns are directly correlated to the RISK of losing your money.. you go for the very highest returns your taking huge risks being out of country. 

I self-manage, so that probably helps too.

The problem with these is if a tenant charges back they do not fight the chargeback they just take your funds and return them to the tenant.You can ask the tenant for a wage assignment or to put you on their company's direct deposit.