children under 14 may not be employed, children between 14 and 16 may be employed in allowed occupations during limited hours, and children between 16 and 18 may be employed for unlimited hours in non-hazardous occupations.

@Eli Frederick Be very careful purchasing homes that have been damaged and are located within a Special Flood Hazard Area.

There is more safety in owning a property outright.You should study the benefits of both, apply them to your situation, and then determine which option is best for you.

You don't have any real hazards either so it is strictly curb appeal. 

Depends on how long the bank has owned the bank and if the property is a hazard to the community.  

There are legitimate public safety risk homes there that can NOT be torn down because the setbacks are now too restrictive to allow a new building, even at the same size as the old one. 

Sell them on the safety of their child, providing you are offering that.

If the large loss would have put you at a big disadvantage if you found a deal today and needed the money, then I'd still go with safety and accessibility (savings) over the brokerage.But ultimately its up to you!

The Zip code of 48221 is next of the list, here is the link https://detroitmi.gov/departments/buildings-safety-engineering-and-environmental-department/rental-property-informationI believe renovating and selling for top dollar would be in your best interest. https://www.clickondetroit.com/news/defenders/detroit-landlord-jailed-for-code-violations-including-apparent-black-mold-raw-sewage-at-home

Hello everyone,If I plan to buy a property and potentially exit in three hours or less but still I want to have the safety net for 10 years if the market changes what do you suggest.I am concerned about the balloon payments if I took it for 10 years and had to pay back early.