@Jed Butikofer you are in the right place to start getting the next level of education.

Educate yourself on the differences between checkbook control and custodial control.   

Also, the dirty little secret is they can make MUCH more educating than actually participating in deals.... 

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

Quote from @Travis Timmons: @Jay Hinrichs this is an educated guess, but I think the market rent for our property unfurnished, long term would be approximately $1100 per month and we have rented it for $1600 per month as a furnished, medium term rental.  

I would love to share my educational resources with you!

Education and networking can help refine strategies.Good luck!

Tasks like furnishing, cleaning, and setup count, but education & research hours are generally disallowed.Bonus depreciation is 60% for 2024 and scheduled to drop to 40% in 2025 unless legislation changes.

Once you understand these basic things (a several more) you will be in an educated position to put in credible offers that can turn into successful ventures. 

And you can self-manage, which you should absolutely do for both your cash flow and your education!