I'm looking at two fairly run-down condo's on Jefferson at $50k and $55k each.

Free rent to the caretaker if the place is kept clean and secure.

But you have to share the place with me whenever I'm in The D, which might be for 1 to 3 months per year, maximum. [[I don't do mortgages - they suck - I only pay cash.)

Will Detroit accept me as a decent absentee landlord and investor? I believe opinions on this are mixed - or fierce - or so I've heard.

I like the City of Detroit, but I can't stay permanently. Jefferson Avenue is a good spot, but I might be over-paying on those particular properties until I look at them in person.