repaircongo83 blog

Need advice from rental investors. I’m trying to choose which out of state rental market to buy into.
Paying all cash, because I cannot get a loan due to eliminating some inventory in business.
With only 90k to work with, I’m looking at very nice houses in good Detroit and Ann Arbor suburbs. I’m also looking at condos in Dallas, because I don’t have enough money for a house. According to what I’ve read, Michigan is great for return on investment and the suburbs are relatively stable, but not as stable as Dallas, where appreciation would be good.
I plan on buying and holding. Thanks!