I personally would not invest in detroit as historically its not a appreciating market and for cash flow and I invest primarily for appreciation - I go off the location location location mantra. 

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

It’s also worth considering a multi-family property for your first deal since it can help with cash flow.

A prudent investor doesn't seek quick riches through shortcuts.

A block can transition from appreciating to depreciating within ten houses so you have to learn where it is ebbing and flowing.

I went through someone else last year which has all of my previous rental property information on it and nothing has changed except now I have a child.

I would rent both units out and should get $350 in passive cash flow. 

They're also happy to commit to whatever your closing date is and blow right through it.

I had a similar strategy with my first few house hacks: buy in great A & B Chicago neighborhoods....get by with minimum cash flow, and wait...What's your plan for the next purchase Michael?

To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.