Some housing authorities cap rental rates paid however if you can achieve your desired market rate (you can deny a s8 tenant if the housing authority won’t pay your requested rental rate) then why not.

Property managers who are also knowledgeable on renovation and turning over units is highly desirable!

Given it would be 30-35 mins to downtown in off-peak hours, is it still desirable rental friendly area?

@Evan Oxenhandler, I would likely keep the properties you currently have and leverage them as the down payment on as large of unit apartment building/complex as it would allow.The exception would be to sell any of the “less desirable “ units now (after identifying the prospective new apartment), at the peak of the market, and 1031 exchange that/those into the new property.Best of luck!

We have no desire to deceive anyone about who we are.

I'll I have to do is obtain the desired rental rates, right? 

@Rustin DowdAssuming that the property is in a good/desirable area and in good condition, I would definitely keep it as a buy and hold rental.  

For that low of a price point, you need to start by getting a great deal, then put in the least amount of work to make it desirable.

Almost too hot where your margins are smaller, but you'll be able to sell quick because it's so desirable. (586) area code is good too for starter homes in areas like Sterling Heights, Warren, Roseville and Eastpointe.

In regards to education, I just had a burning desire to learn the ins and outs of real estate in general.