[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.
