Are there enough renters to support investment purchases?

I get that question quite often from people who are interested in cashflow properties here. I can understand that it’s hard to believe that there are so many families that need good homes in the city of Detroit. The reality is, as this article points out, so many have lost their homes for one reason or another and simply can’t BUY any longer. What a huge opportunity that it provides for us though. Not only can we provide homes for families in need, but we can create fantastic returns in the process. Last I looked, there were over 8,000 familes in Detroit approved for Section 8 that did not have approved homes to move in to. The process to qualify your home as a Section 8 rental is a detailed one. We can walk your property through the process quickly and easily to make sure that you can maximize your returns.

http://detnews.com/article/20110505/METRO/105050418/Metro-Detroit-home-ownership-plunges-by-40-000

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