Vacation Home at Higgins Lake, MI

[Eric Tuffendsam]

My name is Eric and I am planning on buying a house 1 mile from Higgins Lake in Roscommon, MI.  I'm going in 50/50 with my brother-in-law, and we think it's a good deal at $30k .  The goal is to rent it out from May to Sept, and use it occasionally for personal getaways, breaking even or better for the first few years, then making a small profit each year after that. 

Does anyone know anything about owning a MI property from out of state?  I live in Ohio.  Good to meet you all!