I'm not saying This is the best area to invest in I'm just saying I was surprised at the amount of open ground and how far I could see in the distance.Just my 2 cents.From the  internet (NOTE I did a virtal drive through not in person):if you go there be careful.The McDougall-Hunt neighborhood in Detroit has ahigher risk of crime, with a CAP Index score of 8 out of 10.

. - Investment 25% down, but this would probably cap me at about $250,000.Wife and I are both ok with living in the property first or even house hacking if needed.

Since you alluded to the fact the property is a lower priced property, its even more important to complete an inspection moving forward with similar purchases because its more difficult to absorb this cap ex repair.

All roof vents are capped so that’s highly unlikely.

A unit that dies fast is 15 years. 80% of repairs are caps for $250, 15% are $500-$750 motor/compressor/etc. 

Basically rent caps and no fault evictions are more strigent on the landlords.

Bringing the gross rental income to $5,800 - $7,500 a month before expenses and cap x. 

They gave the rental income cap rate of beachfront properties, but gave the avg price of a homes two to five miles from the beach. 

300k - 5% down at 7% yields about 2800 mortgage, PMI, insfor easy number after reserves for cap-ex, repairs, vacancy, water/sewage - $3800I do not plan to live in the property.

A lesson to remember,  under the newer VA rules the cap (eligibility remaining) really only kicks in if you want a second property.