Specifically I would love additional guidance when it comes to the process of forming a syndication to purchase apartment buildings.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Heck, you process debit cards if you insist for 1/10th the cost and non-reversible. 

Detroit seems like a fantastic market with all the ongoing development and investment.

Just did a forum search for Buy Box criteria as I am in the process of trying to put together a worksheet I can use for future REI deals and came across this post.

My wife and I have one rental unit and are trying to move toward our next property, but still are trying to learn more and find additional ways to make some side income to speed the process.

I've never had property managed by them, but I have a franchise in the PMI system and know their systems and processes. 

If that is the case it would require a 1031 which is just another layer to the process but ultimately not really that complicated.Without knowing how much repair work would be needed it's difficult to give specific advice.

Based on what you're telling me, I'd also advise you to begin the process of evicting/non-renewing the lease.

They equate the period leading up to the time its ready to rent as the risky part of the real estate process and pay a premium to bypass that part but this leaves them with unreasonable expectations because the real estate they purchase is inherently risky.