After that's under control, focus on increasing income through additional work at your current job, taking on a side hustle, or finding ways to increase income on your existing rental.At the same time, educate yourself.

If your debt to income ratio is good, you can control a $700-800k asset with $50k.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Many times they do not realize the adding of the adu makes their existing unit rent controlled.  

.- The owner has full ownership and control of the property and can make all decisions such as when to sell, or may decide to operate the property according to their own wishes even if those wishes are against the recommendations of the property management company.

It sound like you have your area under control. 

You’ll develop resilience, leadership, negotiation skills, vision, emotional control, and more.

It's a shared house so they have no renter's rights giving the owner huge leverage and control. 

Like you I also have the RE license to keep some of the commissions and better control. 

That gives them the ability to maintain control over the entire real estate investing process, from acquisition to renovation and then resale or lease and manage the properties in house.