Started out asking $300 rent and $600 deposit ($900.00) for a one bedroom with water, sewer and trash provided.

The tenant pools are great, as we are the State capital, we have two MAJOR hospitals, government jobs, large developments happening (out-of-state union workers), MSU, Lansing Community College, and so on. 

So selling it to someone when you can't give them clean and insurable title can sometimes be an issue.At that price point, not so much. 8k properties tend to have a buyer pool that won't care as much that the title isn't insurable if they see the reason why is because it was bought at a tax sale. 

@Don Owens My 9-5 job revolves around Indiana water regulation and well installation.

Their LTV is 70% max and they offer a 6 percent return for the investor (non pooled funds). 

Water, trash, internet, and fire wood make up the rest of the utility allocation.  

I have an opportunity to purchase a 2019 built 6 bed/6 bath 3300 sqft (Pool/spa, media room, full size garage) fully furnished STR in Encore Reunion community @ 180 per sqft costs me 600k.

So your renter pool could be limited.If you like that price point, I would suggest going a little further north. 

Purchase price: $300,000 Cash invested: $31,0002/1 X 2 duplex with new roof, newer AC's and new water Heaters in really good shape.

Property details: 3 bed 2 bath both sides with attached garages, aluminum siding, copper plumbing, 1972 construction, separately metered, all electric water heater, range, dryer, public water and public sewer on a slab foundation in a great school district right next to brand new construction everywhere.