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What a spirited discussion on Investing in Detroit. I personally have worked with Investors that have been very successful in Detroit and some whom have lost their A** . I also agree that there are some great values in the suburbs of Detroit that would also make great income properties.
Most importantly when you buy anywhere make sure you do your research on your Realtor and Property Management Company. When you locate a property get a third party opinion on the property itself along with the surrounding neighborhood. I work daily making video and photo inspections for investors buying in the area so I see a lot of good and bad. If you buy it this market or any other do your homework and get a third opinion!!
Best Regards to you all!
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