I’ve been in similar shoes before, and let me tell you, it’s no picnic.

If you are comfortable with the rezone process I would look at this, and perhaps you can still ADU in future after the rezone.

When somebody asks for advice, I always try to put myself in their shoes and understand who they are and what their objectives are so I tried to do that with you with the little amount of info I could garner from your profile.

The seller will always retain the equity and would receive annual distributions - and could structure the agreement with an exit strategy that makes them comfortable. 

I’ve had to step out of my comfort zone and do a lot of the repairs myself.

HI @Ananth SubramanianI have not been in your shoes but have read others that have and from what it sounds like getting the judgement is the easy part and physically collecting the $$ from the tenants is the hardest most impossible part.

If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.

There are a lot of good meetups for real estate investors in the area that would be good to grow your network and learn from others that are and have been in your shoes as a new investor, message me and I can share on some specific monthly meetups.Also sharing some multifamily data, this is Boston proper so it has an interesting trend compared to the rest of Massachusetts.

Go with what you feel comfortable with.4.

If I were in your shoes and aiming to build a portfolio while still working, I'd focus on strategies like BRRRR that let your capital work for you while building both cash flow and long-term value.Happy to discuss more if you have specific questions or want to explore Detroit as an option!