So, even with newer construction it happens too.You can give these people an easy out when their lease is coming due, or to end early as long as you feel comfortable with it.

You’re living on site, so picking a place that feels comfortable, safe, and manageable matters just as much as the math.Before jumping in, make sure you understand what the realistic rent will be, what condition the major systems are in, and what you’re willing to take on. 

If you consider going off-platform, you lose that protection, so only do it if you’re comfortable managing it privately.

I have informed him of this and he said he just "doesn't feel comfortable" now.

For a first rental, starting with a turnkey or light rehab property makes sense so you can get comfortable with management without taking on too much risk, and the city is very landlord-friendly compared to many other metros.

You'll probably need somewhere close to 50% down for comfortable cash flow these days. 

See Seat Geek and Stub Hub.

For example, since my team works across the entire state of Michigan, we’d keep it to one member per territory to ensure everyone feels comfortable sharing details about their business.If that sounds like something you’d be interested in, drop a comment or shoot me a DM.

I don't plan on purchasing a property that I can't comfortably cover the expense on while it's vacant either.

Once you call an agent they should walk you through it and you will likely feel quite comfortable with the process.All the best!