For instance if this is a $10M portfolio that's levered with loans totaling $9.1M, there's no equity that can be pulled but if this is a $1M portfolio with $100K of debt, its a different story.

As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan. 

That is treated differently by state.

What difference would that make?

I put together an investor package that has info on Cleveland markets and different strategies.

It's interesting, but every state has dozens (if not 100s) of "submarkets" that can tell a different micro story.

Just the different brand name lowers the cost dramatically!

So never "better or worse" from your Credit union, just different.

I’m currently in the save all of money phase, I want a couple years of solid savings and some education before I get started, I’m 33 and have been working construction my whole life so this will be a much different career path for me.

The market in Racine is much different than Kenosha and we have been having a hard time getting quality tenant applicants.