From millennials to retirees, the idea of renting a home is more appealing than buying.  

For millennials, taking on a new home loan while struggling to repay college or credit card debts isn't wise. For retirees, the idea of a mortgage and home-owning responsibilities is less appealing than freedom at this life-stage. Aside from millennials and retirees, there are also individuals who simply don't want the responsibilities of owning a house. 

No matter the reason for renting, the Detroit Metro area is an ideal place to collect on the investment of a rental property. To make a rental property worth the investment, you have to find—and keep—good tenants. Where do you look? Here are three steps to finding quality tenants for your rental property!

Michigan Property Management Tips - In Search of the Perfect Tenants

When trying to fill rental space, good tenants (the kind that
pay on time, keep a clean home, and renew their lease for years) rarely come to
you by accident or stumble across your listing.
They connect with a landlord or property manager by strategic design.

Managing your real estate investments can be a frustrating,
never-ending stressor. If you own
multiple rental properties that are scattered across the metro-Detroit area then
you know it's easy to get overwhelmed by all the tasks and property management
necessities. What alternative do you
have? It seems counter-productive to
have a full-time employee (or multiple employees) with salaries that eat up
your profits.