For the last 150 years, real estate has gone in cycles, usually every 5 to 7 years, where it goes down and goes back up. With properties at $2K per property, they will rent and cashflow or they can be sold on a land contract/seller financing for $500 down and $300 a month and you will STILL make money RIGHT NOW, not even when the market goes back up, which should happen in the next 2 to 3 years or so. It's hard not to make money when the properties are so cheap and still in decent areas.
I have bulk properties available that I get directly from the banks and asset managers in all areas of Detroit and surrounding areas for $2K and up that are decently good properties that will rent out easily and well and also have a property management company working with me that will do all of the work. With all of the properties that I have, I have never had a problem renting them out and having them cashflow.
If you would like more assistance in investing in homes, please let me know. Thanks for your question!
1st Thought Investments