Any advice on strategy for multifamily properties would be helpful in terms of narrowing them down, and areas in Michigan to look in.

Some are more friendly on terms and have more leeway.

Here’s a recent real world example. . .This deal was put together by my former student, current friend, and now successful real estate investor.Source: expired listingLocation: investor, Florida; property, IllinoisType: long term lease option via a sandwich leaseTerms between investor and homeowner:a) 48 monthsb) option to purchase price $135Kc) rent, $1200d) cash out of pocket, $0.

These are sometimes called a "concierge service", so you can search using that term.  

Terms negotiable.Why Shaker Heights Short answer: Purchased under 70% ARV-Reno, Duplex (two rents), desirable clean neighborhood, decent schools.

Whenever they purchase or make payments to labor, they input it into a Google Sheet.

. - I moved to Cincinnati ~2 years ago for work so I don’t know what areas of Cincinnati are relatively safe and would be ideal for renting out in the future because ideally I would want to keep this property long term and use it as a rental property.Any suggestions would be amazing.

There are lots opportunities in easy bay township or downtown Condos (where str is allowed.) direct west of TC has lots str experience opportunities (water front/ farm house , wineries), direct east close to Williamsburg has great opportunities even for long term summer rental to the horse show participant (June to Sep).

You have to understand what is your strategy in the short, middle, and long term.

An old person who just lost their spouse, a person in pre-foreclosure, someone going through a divorce, and an absentee landlord all have different levers to pull.