If this isn't the type of loan which would be recommended, if anyone knows of a different loan that would better fit this situation, please let me know. 

Does anyone have a real estate attorney recommendation to review a property management lease?

@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Property Managers come in all shapes and sizes, I tend to recommend seeking a medium size local company. 

Recently a friend recommended I looked into BiggerPockets as I was telling them about my "concept of a plan" and maybe he could also notice my hesitation.

I would not recommend this service at all.  

I have used him for over 5 yrs and was actually recommended by a nearby HOA President. 

I have a great Mortgage Lender tailored to Investments I can recommend for you here in Houston if you want to PM me! 

Why don't you take a few months and attend a few of the BiggerPockets webinars hosted by Brandon, listen to some of the podcasts, and read a few of the recommended books.

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.