Here's the bottom line:The biggest concern is the downtime (~4 mos.) and costs just to pull all the permits, etc.

YES, we may be a little biased, but check out our blog here on BP comparing Detroit to other cities and Deep Dives on Metro Detroit cities & neighborhoods: https://www.biggerpockets.com/...Your biggest question shouldn't be WHERE to invest, but HOW you will invest!

The summer going into junior year I realized my biggest expense of college was my living off campus and associated costs.

It probably shouldn't be the biggest surprise as just before they listed the property this tenant went on a month-to-month lease, so they must have known it was coming.

If you want the details on that reach out to @Jeff Rappaport.The biggest advice I can give is to determine what is:1.

Also keep in mind that turnkey properties are gobbled up by the hedge funds, by the biggest buyers, who seek lower return and lower risk.  

What were the biggest mistakes you learned from rental properties ?

Besides that, the biggest point is that they seem to expect it back when they did not give a 30-day notice, as required by local law and also stated in the lease.

It seems to me the biggest factors prompting a desire for property management are: those that aren't handy, number of units, age (I imagine I will have a PM when I'm older and tired and can't crawl through the attic anymore :), out of state investors, and those who own properties in less nice areas.  

Biggest piece of advice, make sure the HML you choose is a DIRECT LENDER, this makes a big difference in the investment world.