What @Moe Sidd is referring to is that Detroit is NOT a place to invest without either doing a LOT of research or hiring the right team.A lot of scammers will sell you a piece of crap Detroit property that will NEVER meet your expectations, much less the paper numbers these scammers promote.BTW: do NOT confuse the City of Detroit with the suburbs, or Metro Detroit!

Turn off your phone, pull out a few pieces of paper and sketch out where you want to be. 

Biggest win I’ve seen is matching cash needs to a partial term, then keeping the tail for long‑term yield; biggest risk is sloppy docs or unclear payoff math—get an attorney and a servicer to paper and track it.

Boiled down it's the idea of owning RE without any of the theoretical "headaches" of owning it - you don't have to come up with all the funds for purchase; you don't have to manage it; you don't have to unclog toilets; ETC.

On the deal, the numbers don’t look bad on paper, but the fact that it’s changed hands five times in five years is definitely worth digging into.

Even applicants who look great on paper can slip through if the screening relies only on credit, eviction, and reference checks.A few things that can help tighten your process:Start with ID verification before screening.There are tools that use facial recognition and ID cross-checks to confirm the person applying is who they say they are before the background check runs.

I mean if cash flow on paper is that important to you, they exist somewhere, but I doubt you will actually make money.

On paper, a property might show $400/month in “cash flow.”

Our rules are simple:  if a toilet clog is due to normal wear and tear, that's on the owner. 

Once tenants are engaged in the property and you plan to move forward on paper, meet them at the property (with the agent).