have you or a tech gone to the property to actually see if this is the case? 

@James Soto I think it's a great idea, I love the BRRRR method if the numbers don't work as a BRRRR you could still flip it to bring in some capital! 

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

If this is a project for you and you are newer to flipping I would have a seasoned person/mentor help you through this that has done it in the city for example @Joshua Janus as he mentioned it did it.

What product type are you implementing for a 200/Ac density? 

I had an issue in a duplex once with a tough renter.

A lot of seasoned investors there that will help you through the inevitable challenges.

This creates a negative initial position.

There is not a one answer fits all 

@Corey Pinch if you're a go-getter, make sure you find a company, or negotiate, that you're directly rewarded for your hustle - commissions, bonuses, etc.