For example, if someone suggests Short-Term Rentals (STR) or Mid-Term Rentals (MTR), I can manage them personally since I have the time.I'm open to various strategies, including single-family homes, multi-family properties, or niche markets, as long as they fit the above criteria.What types of properties or markets have you found to offer the best cashflow and ROI?

I just accepted a job as a marketing coordinator for a local RE agency franchise office, at 21yo, a recent college grad.

Unless the last tenant was paying 20% over market rent or the market you’re in is falling apart (if so, SELL!) 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

How about marketing the property ?

@Derek Tuohy If you inherit the property as the sole owner, you'll receive a step-up in basis to the property's market value at the time of your mom's death, which would minimize capital gains taxes if you decide to sell.

That right there will set someone apart in the Detroit market, sadly.I can't speak to his PM business from a firsthand perspective as I've never had him manage any of my properties (I still self-manage). 

I've told clients not to sell before, and then a few years later we put it on the market.

Not going to lie, Dan really got me rethinking this plan...Currently researching multi-families in other markets now. 

High turnover and having the option to rent out to students or young professionals.