Owning property in Detroit Metro doesn't mean you have to live in the area. Some of the most successful landlords know that purchasing rental properties in hot markets grows their income--no matter where they live. 

Over the past five years, investors, real estate companies, and developers have shifted their attention to the Detroit Metro real estate market, creating an upward trend in residential purchases and rentals. City officials and associated stakeholders have launched over a dozen programs and initiatives aimed at garnering interest from investors looking to find rental opportunities. 

If you want to continue to diversify your investments, then now is the time to buy investment property in Michigan. You can take advantage of the current market and generate even more income—as well as tax benefits.

The trick to expanding your investment properties and portfolio is in buying. If you're not careful about picking properties, no property manager in Michigan can save you and you'll being sinking money into marketing and general contractors trying to fix the asset that turned into a liability.