When I asked the agent what the expenses consisted of, he said gardener, maintenance/repair, electric, water. 

I was visiting Canada this summer and dropped by one of our latest projects to check the progress...ended up making 2 trips to the hardware store, installing a blind, kitchen cabinet hardware, weeding the garden, mopping floors...I was there for hours!  

@Al Williamson  I worked for a syndicator back in the 80s and they owned a boat load of those 8 to 20 unit garden apartments in those areas..

I plan on purchasing my first poperties at the end of november..in the mean time I am trying to gain as much knowledge as possible to avoid problems and losses.I live in a northern suburb of detroit and was born and raised in the city in an area called conant gardens...

., a garden variety 1031 exchange by a national company will cost generally between $700 - $1000. 

We are having a vegetable garden there.

@Jay Dewberry Expenses include water/sewer, heat, electric, repairs (lower the first year given 50K rehab), taxes, prop management, insurance, reserve, LLC, gardening/snow, even a little for advertising if needed. total =1,300/monthfinancing would be about 90K. 4.6% commercial for 25 years.  

If you like that area, invest in places like Garden City, Wayne or Westland.

The few areas I wouldn't say have followed suit have been North Bryan and Duplexes in South College Station (Edelweis Gardens area).

North Metro REIA meets the 1st Thursday of every month at the Hilton Garden Inn on Cobb Place Blvd in Kennesaw.