Hey all, I'm Stanley from Oklahoma City.

Those buying close to the city are either breaking even or taking negative cashflow and banking on appreciation (or buying all cash and parking money, ha).If you do consider Lowell, I'd also recommend you check out the Fitchburg/Leominster area as well.

It has sat empty for the last 20 years but the current owners have completely gutted it, have bids from contractors they're willing to share, cost estimates etc. and have had lots of inspections done and so much pre-work with the city and county to figure out what they can and can't do, so a solid plan is already in place.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.

I’ll try and remember to look on the city’s website for a copy of the new ordinances. 

Hey @Matthew Ferguson ...That depends if you're thinking of going the LTR route in the city of St.

The median sales price in the City of Austin rose 2% from a year ago, coming in at $573,400.

@Aaron Raffaelli we call all the cities that touch Detroit, the Ring Cities - except the Grosse Pts.These cities are mostly Class B and are solid rentals.Detroit overall has gentrified to Class C, but at least a third of the city is Class D still.Check out the interactive map on our website and watch for whats coming...

However I've seen 1 bedrooms go for $1800 in the nicer part of the city, so this is for the majority of the C+ / B- apartment houses in the area. 

.- It's impossible, given the daily little decisions that have to be made dealing with tenants, maintenance, paperwork, cities, etc.So, how much control are you really willing to give up?