All depends on what your goals are and what market fits your game-plan/criteria 

Another thing to consider is are you basing the 3x rent on her initial application? 

If you're only using a portion of the funds, its less of a risk and could make sense depending on your situation and the deal itself.  

I only buy in vacation markets that depend on tourism to keep their area going.

Keep in mind magistrates deal with MANY MANY cases involving small issues so their rulings OFTEN may not follow the correct technical application of the law.

If everything in the neighborhood is 90 DOM (market dependent)..

Still have to be careful though, with the block-by-block challenge, depending on the Class of Neighborhood.Also, be sure you understand the difference between the City of Detroit and the suburbs!

I have actually been thinkin about cutting losses honestly, I am not sure this is the best investment I could have made as my first but worried about how much of a loss I would have to take.It is meant for S8 for sure, I would have a stringent application process, and give the neighborhood a C from my research.I invested there because it was the first deal that basically fell on my lap where the mentor works with agents that Seller Finance deals, it was only $3k down and had thought the proximity to St.Louis would be attractive to tenants also.I effed up on waiting to post for rent until after all repairs and the COO for sure.  

@Phil SheltonYou would need a civil engineer to provide a drawing to get submitted to zoning and get a permit if it passes zoning is most common This also depends on the road - if it’s a state road forget it as it will take a year to get approved and cost a fortune - if it’s a local road process not as cumbersome but don’t expect this to happen quicklyIn some instances you may have to prepare sight distances etc to make sure it’s safe to add a curb cut

I am not buying, selling, investing or anything related to BP.DM me if interestedBuying in Kensington is either a total disaster or a very brilliant move, depending on your timeline.