Property value is cheaper due to being on the south side, but you can get just as much space as parts of the Northeast side and just as decent tenants (depending on your screening criteria, of course). 

One study stated is was cheaper to rent than own in 97 of the 100 largest cities.  

I'm wondering if there are any strategies pros employ for multifamily inspections where it can be either done using other people's money or if a cheaper solution would work such as hiring a local property manager/agent to do a walk through.

I expect the project will be a bit cheaper than the quote because I've been sourcing materials myself which were included in the quote and was able to buy new hardwood flooring on fb marketplace as well as buying nice hardwood cabinets from Habitat Restore that will be refinished instead of buying new plus a few other fun thrifted finds to keep costs down!

Detroit is not a market to play around in without a professional on your side.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

No rehab needed is great, sure, but with only 120k to cover everything, we're limited and I'm assuming our budget would only find us cheaper deals that need work/rehab. 

Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.

New investors have to start small with cheaper properties, but they should (in my opinion), take on less risk and play the long game.  

If styles change in a few years, it'll be cheaper to replace than a single refinishing of the wood floors that's typically done every 7-10 years. 

and those are either free or way cheaper than some 1k seminar.