You might want to check out the Detroit Land Bank Authority, which sells rundown properties at super low prices—as long as you commit to renovating them.

Similar to the comments above on using FurnishedFinder, also check Airbnb and sort for 30+ day rental options. in addition, I'd recommend talking to the local university and hospitals nearby by calling to their various departments.

But I’d say if you check the spaces and everything passes the smell test, should be fine.

I welcome any input from anyone who is knowledgeable in the area (comment not question, lol)Wish you the best of luck, check out my Youtube channel and schedule a call if you like.

Besides that, just wanted to chime in real quick - I'd highly check in with a CPA and I am no tax expert, so wanted to preference that.

I’ll also call code enforcement and check the county records just to see when things like roof/hvac have been done/permitted. 

Seeking advice here on the best approach, any gotcha's that I'm missing, and overall sanity check... 

Pricing - If you cannot check your competitions price and adjust yours daily you may want pricing software (PriceLabs probably best for single listing owners/operators). 

Thanks Scott, ill check with Schwab.

Hi Andres,Have you checked out Property Management Finder?