If you were ok with taking on additional debt (loans your tenants would pay down for you over time), you could potentially leverage that 475k into 10 or more cash flow properties (though there are limits on how many loans you can carry at once).Of course, there's always a middle ground too: sell the condo, use some of the money to increase your DP on the new house and use the rest for investing.

Tips for find resources (such as financong, etc) for the west side of detroit?

Of course, but good luck explaining you do not have any collateral. 

Any advise or tips would be appreciated!

Of course, there are still risks with both of those, but can be a 1-3 days for funds, no hassle solution.

While we are talking about partners and taxes, I wonder if the experts have any tips on specifically 'entity set up'.We are going to be using a lawyer to  set things up, but wanted to get some feedback here too. 

Of course I've used google and found a ton of websites and things but I'm wondering what resources and trending patterns you all have found to be exceptionally helpful when learning the ins and outs of your markets and sub-markets. 

Little tip to finding proper owners... a lot of owners own the property in an LLC but then use their primary address for having the tax bill mailed to.  

- EtcDoes anyone have any suggestions or tips for how to manage those results. 

I have raised my credit score over 150 in the past year after I took a course on understanding the credit system.