But I think it's better for a local investor that is going to be hands on and self-manage.I'd much rather invest in Detroit where I can get a SFH in the $80,000 - $90,000 range with $1,200/mo rents.

My last interaction with an agent was he was supposed to call us Monday at 10:00 a.m. about a property that was in the half million dollar range so a nice tidy sum for basically going and opening a door. 

If you look at 1926 Howard - Market rent for the main house should be in the range of $1350-1450.

They had to dig a 12ft deep by 6 ft wide hole to replace.

The market already has appreciated and rents have drastically increased nation wide. 

Have you given consideration to where this condo will be and what price range it will probably be available at?

They offer a range of services from just a basic credit check, to a more advanced income check and criminal history search. 

I want to BRRRR SFH on the lower end of the scale, and there are PLENTY of homes in the 15k - 45k range.

This isn't always the best option since current rates are in the 6.25 - 7.25% range for DSCR loans. 2) A HELOC on their primary residence.

Student rentals are great because you rarely have to worry about vacancy, and you'll get a range of students willing to pay a premium to live in the nicest house off campus vs some students who just want a cheap apartment with their friends.