And one of my requirements is that my sponsors have full estate cycle experience ( meaning through the great recession) with little to no investor money lost.

You have insurance that should cover the lost rent until the repairs are done.  4-6 weeks is quite a while, I'd see if you can get another contractor in there.If they've been late two other months prior to this, it is a bigger problem and I'd just get them out.As for contacting the agency, who is paying the rent? 

You’ve already hit the nail on the head—patience, organization, and a solid team are all crucial.I invest in Michigan and visit 3-4 times per year, primarily focusing on Detroit.

I already live out in the country so cell service isn't great, but then they lost a number of cell towers and since internet was down just about everywhere, the cell towers were overloaded.

Troubling times for Hello Landing for sure, and the current team doesn't see it getting better anytime soon.

The key is understanding the neighborhoods and building a reliable team on the ground, but if you're willing to do the homework, Detroit can be a great market for long-term investment.Feel free to reach out if you want more info on Detroit or need help deciding on an area!

He works with pretty much all of the investors on the BiggerPockets forums and will be a valuable resource on your team! 

Even if they lost money a bit they can resell the asset to another GP.

We now have an excellent crew, top notch reviews, and frequent inquiries to join our team.

It all comes down to the quality of deal you're able to find and the team you're able to build.In Columbus, OH, you'd be able to pick up a turnkey property in a good location for under $250k and would likely see some nice appreciation as well with all that'sd going on here.