However, the conclusions he reaches are by and large correct showing that he understands the concepts but does not have faith that his listeners have the capacity or desire to understand more detailed explanation. 

What was your conclusion?

There are many sources that give a good look into variables in the market but you need to draw your own conclusions from the various sources.

My original thought was I may be able to "house hack" but I think I'd prefer to rent it out due to the high rent.Duplex Details:Asking Price: 350kFront unit under contract until Aug 2018 @ 1150mo.Market Rent Rate is $1300-$1400moBuilt 1977, solid brick construction, 900sq ft and unfinished full basement (x2)Garage attached to rear unit  New 40yr roof replaced 4yrs agoRental Property Calc for Ann Arbor Duplex (link to see property analysis)I can afford a down payment of 20k so I've ran the deal analysis for a FHA loan: 3.5% downClosing costs: $7410 ($5910, 1.75% one time Insurance fee + $1500, Inspection and other)PMI = $243mo (0.85%)Property Taxes $703moI've included minimal expenses for cap-ex and vacancy.My conclusions:  PMI makes this a bad deal for me.

I came to the same conclusion about Detroit Shoreway, Tremont and OHC.

The data simply does not support the conclusion that there will be another nationwide RE bubble. 

That said, 1 is the second worse sample size to use to draw conclusions...but the worst is zero!

Being that I sell real estate in the area I have come to the conclusion that it really depends on your goals as well as level of tolerance for risk.

This helped them come to conclusions and take action sooner.  

I think this situation has come to a good conclusion.