They should be able to provide you with the most accurate information regarding property tax rates for the specific property you're interested in.

I have been attracted to this area of MI since I started exploring real estate and it seemed to provide an opportunity for us to get in the game with out of state rentals without spending a ton of coin.

The funds that provide best returns typically have lower overhead costs.

@Ahmad Moore Based on the info you provided, a CPA who specializes in real estate would get you the most bang for your buck. 

Remember that living in a growing city and providing affordable housing will attract potential renters.

Selling @ $500kLender providing $490kCan the remaining $10k be carried by seller?

@Melanie Hernandez two questions to ask are: can you effectively and profitably run a STR business giving your guests a wonderful experience and can you provide value to and mitigate risk for your property owner?

Lead Generation & Marketing: Do sponsors provide qualified leads or expect you to generate your own? 

I clean all shared areas of the home, cook occasional meals for guests, lawncare, maintenance, and shop for them (consistently provide milk, bread, basics etc)?

If possible, I may have the service provider sign-it as a "just in case".By the way, it was my CPA that provided both ideas to me :)