@Ana Barcellos the Detroit MSA is still boasting double digits returns.

Yes am W2, but my 401k is paltry, still in 4 digits.

Do I need the original lease or is a digital copy fine?

I think we could all do better to educate tenants to the fact that in today's digital world, they can't get away with this crap anymore.

I'll try to dig it up when I'm back at my PC! 

@Dawn Anastasi was on a BP Podcast and has written a solid short eBook on Milwaukee.

I learned from a little ebook from @Ebony Thompson called "The Smart Wholesaler" in 2014.  

My goals involve building long-term wealth through buying and holding rental properties, however, my largest barrier to entry is obtaining down payment a such a hot market.Since graduating in 2016, I have been working as a digital marketing consultant and paying $850/mo in rent living with 3 others.

Your Cash on Cash is single digits (you could get that with an ETF) and your cash flow is too low for having your money tied up and taking several years to get a positive annual return. 

This is what I would recommend if I was starting my REI journey from the beginning: Read Brandon Turner's book on Rental Property Investing https://www.amazon.com/Book-Rental-Property-Investing-Passive-ebook/dp/B018UTI2DOListening to the BP Real Estate podcast https://www.biggerpockets.com/podcastListening to the BP money podcast https://www.biggerpockets.com/moneyshowAttend your local REIA meetings to networkStart analyzing deals to get practiceEngage more on the BP forumsPost a profile pic ;)All the best!