Who will manage it for you? 

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

Do you use a property management company? 

I would suggest look for a property management company to manage the property for you and slowly increase the rent yearly before selling.

I'm a property manager, and I also buy/sell property.

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes. 3) On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.

I would highly recommend getting your license for property management, and/or realtor.  

This involves creating a Wyoming (WY) blocker LLC, which will act as the member-manager of the Michigan LLC.

Our firm focuses on property management and helping owners maximize the return on investment after the purchase which is crucial for the long-term performance of the deal.

As you were in property management, not sure if you ran your own company, but as you look at it..