The pictures & videos I have seen are so devastating.

This way, you’re not blindsided by slower months and can have a clearer overall picture.

From my understanding of CSS and partial dispositions, one (taxing insurance proceeds) has nothing to do with the other (tracking depreciation or doubling on depreciating assets). 

For example, if your place rents for $3500 (and lets assume 6% vacancy) Nomad charges 4% with a flat $1250 listing fee to take professional pictures and list it on 20 different sites for you that would cost $2697.60 for the year. 

Lot's to unpack here but hopefully this gives you a decent high level pictures of some options you might have.  

If you saw pictures on the national news of people being rescued off the roof of the hospital, that's where I am.

If you're looking at this from a distance, connecting with a local property manager could give you a clearer picture of what to expect in terms of tenant demand and property management challenges.Let me know if you need any more info or want to chat further about this.I hope that helps

House hacking is out the picture since I have a family. 

I've uploaded more interior pictures on the profile.

I suppose the picture is painted rosier at the beginning..But maybe that's the expectation in the Detroit market.