Hahaha....Only on TV Dude......

Also I heard about the possibility of opening a series LLC to help.

You might want to follow the "Deep Dive" series we're doing on our BiggerPockets blog about Metro Detroit cities and City of Detroit Neighborhoods:https://www.biggerpockets.com/...

Just make sure you are not someone who is sitting at home, watching TV and saying you do not have time. 

Please turn the TV off and educate yourself before spewing conjecture.

I am well versed in legal contracts and the series of events that take place in a RE transaction.What am I missing?

@Ryan Blackstone well guys, As Braden says I guess I will give up and go watch some TV.

Once you get more experience you can look at City of Detroit properties with higher cashflow -- but also higher risks.You may want to follow our "Deep Dive" series we're doing about Metro Detroit cities and City of Detroit Neighborhoods: https://www.biggerpockets.com/...

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Kudos from a fellow TV editor-turned-real estate guy!