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This may be the wrong place to ask, but as a Canadian I see houses in Detroit for ridiculously cheap. Like 20-50 thousand USD. What are the potential problems with purchasing one of these homes as an investment property? Are rents like $100 a month? Or are the houses in need of so much repair to make it not worth it?

Just curious.



Submitted June 21, 2018 at 10:41AM by nonasiandoctor https://ift.tt/2K5YmvQ

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