@Dan Burstain What type of properties would have potential for more cash flows in those areas?

PS - I know the Detroit market has potential - I sure would like to figure it out.

Renovating multi-family/condo-conversion (and potential partnership structures for both)I would be so grateful for some qualified advice and more than happy to pay a consulting fee.

Are you planning on investing heavily in the property to make it nicer and potentially drive up the rents?  

My budget for this year in cash is $100k that can be used towards downpayment, closing costs, fix small things, property management fees, lender fees etc and rest will be looking for conventional financing as of now.New constructions offer better interest rates, minimal maintenance costs for 2-3 years, and potential for self-management due to higher rents.

Ideally, when you are looking for long term holds you want to make sure you are buying in a market with good potential to see approximately 3%+ appreciation progressively over the next 3-5 years with an increasing rent market.

I am looking to connect with fellow agents, lenders, real estate lawyers, inspectors, title officers, appraisers, and contractors in the area. 

Im trying to figure out a solution on how I can keep the tenants occupying the home, while my end buyer can make repairs on both the units for about 2 months to add value to the property and potentially raising rents. 

This is a little detail our title company missed...We contracted a lawyer after incurring close to $60k in engineering fees (they did find a way to lift the restrictions through the DEQ), to see if we could make a claim agains the title insurance.

There is so much potential here though.