It has all the cool shops, nightclubs and amazing places to eat and drink.

The key is that the EAT owns the new property not you.  

Your QI forms an EAT and holds the new property while you improve it. 

That being said, 30 years is a long time, and a lot of people were stupid and did dumb things,  ghetto areas are a dog-eat-dog world, whole different culture... so I'd say... look at his history in the past 5-10 years.   

Reconfigure the powder room to open to the mudroom and somehow use that eat-in space?

You don't get realtors involved, that will just eat into your spread.2.

Being the best house in a Bad Neighborhood usually doesn't make it sell.I don't know the DFW Market - but 55 Days is long for most Texas markets. probably time to cut Bait (Price) eat the loss and move on! 

@Matt Burton The seller can't have his cake and eat it.

I think the people concerned about being scammed, have either been scammed previously, have trust issues, or just realize that its a dog eat dog world... the majority of people in this world only want to benefit themselves (that's just the truth).

We both work way too hard, playing tag team in the afternoons with our boys and finally, after bedtime, if we’ve got the energy, we’ll say hey, eat a dangerously late dinner and then fall into bed.