It was all really quick, and the time to complete everything happened a lot faster than I expected (which was a good thing).I was worried at first that I had to use all the partners that Rent to Retirement had, but it was really easy for me to shop around for different lenders with different terms and rates, insurance providers, and property management company.

There are a good amount of investors on here who could take down (including myself) a portfolio of rentals 

On that note, any good PMs anyone would recommend in Detroit area?

Here is the million dollar question @Teslim Salami, what does a good deal look like to you?

Good luck

How good of a deal would be needed to make this strategy work? 

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

With that information, you can start to get good at estimating the rehab budget.  

North Idaho has good markets if you are in Washington and Boise or Eastern Idaho if you are in central Oregon.

There’s some really good posts in this thread.