I strongly, strongly recommend not doing this.

Detroit has a mix of affordability and strong rental demand, with properties under $200k that can cash flow if approached correctly.

You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).

If you're working with an investment brokerage, I'd recommend tapping into Tampa and Central Florida markets too—areas like Riverview, Wesley Chapel, and Brandon have been strong for both flips and long-term holds with steady demand.

My recommendation would be to choose potential markets - in several price points - that have strong rental demand and year-over-year rent increases and that also are in markets that are appreciating. 

The big pros are the strong job market (lots of major employers), good population growth, and still-reasonable entry prices.

I have strongly considered managing on my own in the past. 

Here are a few additional strategies that might help mitigate risk if you decide to rent the property:Hire a Strong Property Management Company: While you’ve already spoken with some PMs, consider finding one with extensive experience managing single-family rentals in Cook County specifically.

I’m reaching out with an investment opportunity in a real estate flip project, and I’m currently seeking a limited partner to join me.With a strong track record of successful real estate investments, I am looking to partner with someone who shares an interest in capitalizing on the potential of this market.

Not a strong argument ;-) I still had to pay off the loan to cure the DOS.