It could provide more cash flow but your leverage would still be less due to the total value of that property compared to the 4plex3) Is there an easy way to understand what price range I should stick to in my area, and should I focus on the best market or focus on the best price for properties? 

I understand how important privacy is to our guests. 

But I also understand some people don’t really care about the cash flow as much as the security of not having to worry about a vacancy or whatever.

Also I understand the funds aren't available for the improvements so that is another obstacle that has me leaning towards price reductions to move on as soon as possible.The exit of lower tier SFH's is something very few investors care to consider when making their investments but deserves far more consideration. 

Quote from @Sri Reddy: I am a newbie to real estate investing and looking for guidance from the teams here to understand the sources from where we can find any small retail spaces to buy.

I would love to chat with someone who is a mortgage broker to understand your day to day workflows a little better.

@Jeffery Jones you understand you'll be buying Class C & D properties, not in the best of areas?

A broker can connect you with specialized lenders who understand your situation and offer competitive terms.2.

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

I understand that not all deals pan out as pro forma says but at least yearly updates are essential, quarterly even better.