Quote:
Originally Posted by austlar1
Maybe if I lived there and could make informed decisions and be able to oversee my investment. Otherwise, no.
|
Ditto.
I wouldn't feel comfortable making real estate investments in a market that I didn't know like the back of my own hand.
But that's just me. I'm aware that many others are less risk averse than I am. Detroit is probably a good place for investment by the savvy prospector who knows the lay of the land in the motor City.