And you can stay there for extended times while still renting the main house out..   

Glad to hear things are going well...Learning can stimulate tremendous growth in a very short period of time depending on how you use what you learn.One thing I'd highly recommend doing, if you haven't started doing so already, Is to download audible and start listening to books on the areas in which you're looking to learn/invest.BP has published many very valuable books on many different subject including BRRRR, investing with little/no money down, estimating rehab costs, property management... to name just a few.This is a journey, not a sprint, so take your time, adjust to being in it for the long term, and FOCUS!

As for my thoughts about the area, it is a good community of with agriculture being its main industry.

Well, would you rather pay a plumber $200 for a sewer scope, or pay them $20k+ to replace a bad sewer main that you didn't catch at inspection?

Is cash flow the main objective?

With over 18+ years in Real Estate including wholesaling, investing, flipping, etc.... drop me a DM with any Michigan qustions. 

So if you ask today about a deal that's not fully completed, the total return (which includes current valuation) includes a minus factor.

This includes properties with a single-family residence built prior to this date and a second dwelling unit (e.g., main dwelling, ADU, or JADU).

Resources including books, forums, podcasts and personal experiences  would be very much appreciated!

Full details on the project are available including project description & costs, 3-year income/expense spreadsheet & photos.