I have been running my family restaurant business for the last 11 years, looking for new venture for myself

I will be moving likely within the next 8-12 months or so, and my wife and I are planning on renting out our house, so that's how I figure we will start.I've got a pretty good gig going with the AF so this will be more of a supplemental thing for me at least in the beginning so I would say I'll probably be taking a more passive role to start, although I'm open to anything.I spent the last two years as a recruiter so I've gained some valuable experience in Human Resources, advertising and marketing, cold calling, as well as general salesmanship so I think I can find a way to use those skills in this venture.

I do believe that Detroit probably over corrected to the downside last downturn, and now that it has recovered to a reasonable level will revert back to its long term appreciation trend, which is not so great.

I looked at the comps a lot, and I do realize the price is retail, but the upward trend in that community has been moving pretty rapidly, with the last couple of places closing in the 160s (none of which were 2 beds).

Add:  Verify employement and last landlord

Last question is, have you discussed the proposed plan with your 1031 exchange entity?

I am taking my last RE class in order to obtain my RE license.

I'm a Canadian investor that has been investing in real estate for the last 5 years and decided late in the game that it was time to start investing in the US Multifamily Real Estate Market. 

I would like to concentrate near where I've lived and worked for the last 15+ years - Southern Monmouth and Northern Ocean Counties in New Jersey providing the market is reasonable.  

I'm from the Raleigh-Durham area and have been living in San Francisco for the last several years.