D) Any other aspects that I'm missing and should consider? 

Here is the problem: I am having trouble with financing it because of the repairs required (section of roof, burst pipes, floor joist).

My family has a long history of carpentry and I'm trying to specialize in the aspects they may lack knowledge.

., feel wary of the all-under-one-roof approach, so we try to make it as easy as possible for clients to see exactly what we are doing with their money and provide the returns that make their investment in us and our product worthwhile.

To be clear when I am speaking of "purpose-built" what I am implying is that the properties will be rehabed to create the maximum number of living areas Under One Roof.

Traditional Mortgage won't work on this house, unfortunately, as it needs a new roof and there had been some water damage in one room in the house, necessitating removal of drywall (it was caught quickly and there is no mold or mildew.

The building needs roof work and extensive work on the outdoor staircase which is the second means of egress. 

Details:*Willing to spend ~$180k; Prepared to put 20% down on a Grand Rapids rental property*Not seeking a fixer*Will need to hire a property management company Goals: The obvious: passive incomeDuplex, triplex or single family w guest unitPurchase a home with tenants already occupying and generating rental income Top-of-mind concerns:*Winters in MI wear and tear on roof, pipes*Cost of property management, costs to heatTenant selection, How-to from Los Angeles to MI*Offer / escrow process How-to from Los Angeles to MI

Hi Shane, we have been working in México for over 10 years with great success,  we have lots of information on webinars and information kits regarding ownership and all aspects involved in Real Estate transactions in Mexico.Regarding credentials Licensing is now mandatory in the State of Quintana Roo, where Shane is planning to invest. 

How much to do a tear-off roof on an average house?