The sellers says it's just college boys and that's to be expected.He's currently getting good rents...as unbelievable as it may seem and if cleaned/fixed up it could make more as well as increase the value of the property.We own several coworking/coliving properties in the US and Mexico, so we are used to hospitality and properties out of state.However, my questions are;Is this a norm for college students, or student housing? 

On top of that, OOS investors love the price point here, and MI is actually pretty landlord friendly, contrary to some opinions.I personally make well over $100k/yr cash flow from 21 properties here.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

I love lakeview as well and live in the area.

There is a case for buying well-located solid assets that produce immediate current cash flow at reasonable leverage. 

U need to talk to a local that does septic systems  just like a good well driller they will know the areas generally that are a problem..

The Suburban markets with New construction offering decent builder buy-down rates 5s %, and selling completed inventory homes to investors is an opportunity we’re pointing investors to, as well as Duplexes outside the city, that’s where we’re finding some of the best options to get closest to positive cashflow with 20/25% down.

Personally I think it's great as I was already doing this (I do not work for free) and now my competition has to as well.  

@Marc Shin Well now you're getting brave....asking us BPers for design advice.... :-)

If this goes to court, it is with a judge well known for being pro-tenant.