While I can't provide specific advice on Michigan leases, I can offer insights on lease options.

All good insights but you need to be getting your advice from someone that has scaled to multiple states from ZERO.

I have an off listing property that was presented to me needs everything redone hasn’t been renovated since 1958 seller was asking 350k for 2/1 with back room having potential to become another room if closed off what...

All states are different, but if you want to give someone who wants to be an investor the best advice it would not be to skip permits on a basement bathroom.

My advice would really just hone in on your strategy and what particular asset you want to concentrate on. 

I feel bad for the tenant but them wanting the convenience of having the broker handle it is going to cost them $10K in extra rent.Thanks again for your advice here!

Does anyone have advice on whether the following scenario is feasible and/or how to make it possible.My 18 year old is working part time and soon starting college.

This is not legal advice, just friendly information.An LLC is like a new person.

Attend REIA meetings not only in your target investment areas but also in regions where potential out-of-state investors are based, Use LinkedIn to connect with real estate investors and groups.Engage in real estate forums like here in BiggerPockets, where many investors, both seasoned and new, gather to discuss opportunities, seek advice, and network. 

Any advice?