The protections are there because if the police can simply put out a squatter it would be simple for landlords to never give their tenants anything in writing and have the police remove anyone they didn't like or who didn't pay as a "squatter."

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

That is cheap and simple to do.

Mixed-use fairly simple need to ensure the percentage % of the commercial space versus residential is within guide lines. 

All of that being said, most property management companies of any size likely have full-time or part-time handymen (for lack of a better word) that that service simple repairs across units for multiple owners.  

It's that simple.

From my simple calculations, taking into account paying for attorneys, business structure/expenses, etc. not to mention the time of due diligence, and understanding legalities, it seems more lucrative (AND SAFE) to invest in a fund.

You can use that money to put down on any new purchase the bridge loan is set up as an interest only loan for up to 18 months.You can also use a simple "Renovation Loan" to purchase a home or after you close but the renovations must fit into the new ARV/LTV.

@Elvin William we don't recommend investing in Class D in Detroit - too many headaches and there are lots of Class C options.The only investors we know that make Class D work or those that DIY manage and go by their properties several times each week.

It’s simple, but somewhat limited.