If your looking for the least amount of risk and biggest bang for your buck I would look for a company that is a reputable turnkey provider thats actually in Detroit and offers things such as an efficient boots on the ground team, all sorts of established local relationships, solid in-house management, an operation that is highly skilled and well versed in section 8, a company that has proven relationships with both out of state and local lenders.

You should always make sure to work with someone boots on the ground who has good relationships with the city so they can make the onboarding process seamless.

I have paid for various books, paid for 3 BP boot camps (MF (DeRosa group), CRE (Tyler Cauble), STR (Averys)), attended conferences and workshops.  

@Eric StugartI would first select a market, and then find boots on the ground.

They have a very combative personality and are legal minded. 

I have sold many of these to CA investors looking for positive cashflow yield+strong rent growth/tenant quality.You also can cashflow in lower class areas but really need boots on the ground to make those work, not recommended if out of state.

Maybe focus on short-term rental conversions, given your background, or offer specialized services for out-of-state investors looking for a “boots-on-the-ground” partner.

They are boots on the ground and know what's going on.

If you can't visit the property yourself, I recommend having some 'boots on the ground'—someone you trust who can visit the area, walk around, and send you videos.

Seriously considering but I need boots on the ground to service correctly.