Are we TOO close to Detroit?

Matt, Exactly, many real estate investors in our area along with potential investors throughout the nation read and watch the news media's coverage of stories that make the news, usually negative in nature.  Years ago I had a friend who moved from San Diego, where I was living at the time, to Kansas due to his wife's employment transfer.  He was a full time real estate investor and when he settled into his new location he bought a large vacant apartment complex that had been ignored for years because of it's bad reputation.  He turned it around so well the locals started treating him like a celebrity, he somehow had figured out the market they had missed.  He told me that he looked at this investment as a diamond-in-the-rough that others were fearful of because they were "too close" to it and it's past, he looked at it with fresh eyes.  Not to say that this attitude always works but I've seen this work well many times, if you make the right moves with the proper planning.

Trent Dalrymple