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.

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

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

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

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.

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!

Any advice?

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

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. 

This not buying a house, is another type of business. go to local Investor clubs, you will find people that is doing it know, you can ask them for advice and share your knowledge in Airbnb.Buying Multifamily is a business.