The tenant pool, however, is about 5 miles wide and 1 inch deep. 

He has about half the cash needed and I would be loaning the other half through an LLC that I have with my brother.

Definitely steering clear of it now. one of the sad parts of all this.. is its NOT to good to be true.. these types of deals are out there in the turn key world every day with quality providers.. this guy simply was not ready and all he had was a very savvy way to market himself in the new world but his advice and theories were not correct.. he simply is not an experienced real estate investor.. he just regurgitates half truths and other things that are patently false  like saying the low end D class is easier to manage than A class..

My brother now wants to sell his half, how does that work? 

Total gross rents are a bit over $16,000/mo with a little over half of that being net cash flow after ALL expenses (yes, I include capex, repairs, vacancy too).So I suppose the average per door is near $700 in monthly net cash flow.

There are a lot of licensed contractors that do half-*** work, I dont want my tenants fixing my house with those contractors. 

And even better, it's about half a mile from neighborhoods with $800,000+ homes and there are virtually no rentals in the area so should do well! 

Being 2000 miles puts me at a disadvantage to not be able to check on my Indiana properties. 

@Diane Chapman Michigan is in the better half of the country when if comes to landlord vs tenants.California, New Yor, Oregon, Washington, to name a few, are all MUCH worse!

It would be relatively straightforward to have something that would allow them to put in their address and then provide a list of contacts within 50 miles, no AI/machine learning needed.