It also did not have a pool like your property so that would probably lower the desirability as well.

Real estate is local.The value is just fine here, as it is one of the most desired locations in the Côte d'Azur, and being next door to Monaco, which is one of the wealthiest places on the planet.

Focus on what matters, not on things that have nothing to do with what drives the desired  results.

have strong desire to venture in real estate and have read books about real estate and the book I'm currently reading directed me to get more insights from here!

These areas tend to provide the best balance of affordability and rental demand.That said, Detroit’s market is unique.

Sadly, it seems that cash flow on long term rentals with 20% down just does not exist in most desirable locations.

Any unique challenges?

Neighborhood revitalization projects, major corporate investments, and an influx of small businesses were all happening at a pace that made it clear the city is on an upward trajectory.From an investor’s perspective, Detroit offers a unique combination of affordability and opportunity.

Obviously every situation is unique it's on you to check with your intermediary and lender to determine what price range would be realistic to start looking for deals in before it closes so you are ready to roll. 

I am under contract for a 3 family home w a very unique set up. 2- 1 bedroom apartments and 3 and 4th duplex which has 5 bedrooms but only 1 bathroom this home is 8 min from Brown University in RI and 10 min from Johnson Wales. (6miles)Do u think its close enough to attract college students especially the duplex?