[quote=bearishgurl][quote=birmingplumb] . . . p.s There are still properties in north suburbs for sale sfr for 40 to 50k that are great blue ribbon schools and rent for 1000-1250 per month. Type in “Lake Orion Mi, to see geographic area.[/quote]
This might sound awesome to Piggs looking for cash flow, even if they have to hire a local property mgr. The high-vacancy rate of the overall area is troubling, though, and could a HUGE dent in annual cash flow. Perhaps some micro-areas have less rental vacancies than others.[/quote]
.I think we get it. No need to beat this point to death.. I think OP is asking for opinion on tenant.. I don’t think he/she is asking for a lesson on the rentability of homes in Detroit, and I don’t think constantly emphasizing in your opinion how difficult it is to rent in Detroit is really helping this specific OP nor would necessarily reflect the OP’s situation. The OP indicated he/she wanted an opinion on a specific tenant, and didn’t necessarily suggest that he/she had limited options of tenants..From the sounds of things he/she has prospect tenants but is trying to cull them. Normal situation… It sounds like OP is relatively new, so is just asking for opinions on subject matter this specific tenant.
