I used the lower of rent amounts for analysis. https://www.biggerpockets.com/analysis/rentals/ee5f6928-93ce... is link to the BP Calculation on it.

The things that get me are: Liberal politics in the city - this may be a benefit though, since they probably allocate a lot for affordable shelter and the Sec 8 is all but guaranteed. 

If I move forward will have to link up with someone for sure.

2) You MUST screen these people before renting to them, but you can use FurnishedFinders screening tool3) Otherwise, you can put your choice of screening link in your ad or include in a response template in FF.

I took a quick look, @Torianne Baley:1) With short-term treasuries now paying around 4.5%, guaranteed by the USG, why would anyone loan to you at 5%?

Your IRA can borrow, but you have to be careful to not personally guarantee it.

Zillow link - https://www.zillow.com/homedetails/418-Olive-St-Ypsilanti-MI...View report*This link comes directly from our calculators, based on information input by the member who posted.

you can get financing witha  LLC but the lender will require a personal guarantee on the loan.

I've used an online designer before, you send her photos, measurements of the room and existing furniture, and your budget and she presents you with design options and the links to buy!

More syndicators go out of business and wind up in foreclosure and/or lawsuits to enforce loan guarantees.