It wasn't long after a good bit of offers that my first deal got accepted - a short sale on a condo that I would up living in while renovating.

My wife and I always have our eyes open for stuff there, but looks like most duplexes (what we've focused on) are horribly overpriced.

How long will it take for the property to cash flow $120k?

Encourage him to set long-term goals, connect with mentors, and use educational resources while keeping the learning process fun and balanced with other activities to prevent burnout.

I'd prefer a more suburban area but I could honestly live anywhere, as long as its not too bad.

So, unless your lease is long term you may wish to discuss and negotiate the issue.

If you just chase returns, you might choose the house in Detroit, vs what long term might be better investment in Taylor. 

As far as general strategy,  start with long term rentals. 

If price point for these properties is a limiting factor, properties found on the North side of Veteran's Memorial Pkwy can be viable too, as long as they are on the East side of Santa Barbara Blvd, and South of Pine Island Rd (SR-78)

The market is moving, people want to own real estate, and buyers are out there.It all comes down to marketing and pricing.If your product isn’t moving, it’s time to reassess: 1) Are you getting as many eyes as possible on your product?