Do they have sufficient reserves? 

@Isaias Boesi There are a lot of different areas all over the city that can work for you depending on what your goals are and what price range you want to get started in. 

https://www.amazon.com/dp/B001B1AMNW/ref=emc_b_5_tTiger Brand Jack Post JS-100 - Size Range 4'8"-8'4" (15Ga)Yes, the basement is like a cellar and not suitable for living.

If you're planning on buying in the 100k range, start working on saving 7k, when you make an offer ask the seller if he'll raise the price a bit but cover the max amount of closing cost that is legal.

If you've got units renting for $1,500+ it does change things from how you need to view units renting in the $600-$700 range.

I see some variations, however the median range seems to be around $100 per unit per month.

Luckily my buddy is a good shot at close range! 

Luckily Michigan is one of the states that tends to cash flow  better than some others so whether you are in the 50k range or the 150k range you can still find strong cash flows   I would recommend discussing your ideas/strategies with a local realtor and a local lender.

@Caleb Heimsoth They range from $97 to extremely expensive lol

I've heard people mention credit cards but I'm not a fan of the interest rates.I did, however, look up personal loans through companies like LendingClub that can do the lower amount I would need and the interest looks to be in the Hard Money range.