If you live in Macomb County, you already know about as much as you need to know to pick good real estate locations.When buying a stock, the investor has no control over how well it does and we all pay the same price, so we look for stocks with hot growth prospects. 

She was having significant anxiety and personal problems and once she lost control of it she could not regain any ground. 

Sure- Idaho has state laws outlawing rent controls.

Yes, there are things that are out of your control, but my personal POV is the whole "I need an LLC" is a little overblown.  

Do you owner occupy this same tri-plex, and are you in a rent controlled area of LA? 

It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.

I agree with Laura, if this is a long term rental it would be hard to convince the tenants that they have cameras on the property that the owner controls even with all the stuff that you mentioned (does not turn, only for surveillance for crimes etc.). 

He's a really smart guy when it comes to supply, demand, rent control, and overall investing

I never buy condos for this exact reason, having someone else control my investment.

This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).