@Joe Mende thanks, I bought this one in Round Lake Beach. 

Yes, write a letter, but you have nothing to apologize for when mending that fence.  

Most real estate wrongs can be mended over time so the risk profile is less than you'd normally think as long as you are doing your homework and making sure you are properly screening for tenants. 10 years from now with rent hikes and other market factors, if you bought it wrong today but were just breaking even you will have built up equity and eventually cash flow because the asset and rent prices will have appreciated with a certain degree of confidence. 

I was initially still in the mindset that Detroit might be a little too high risk, but it actually seems the economy there is on the mend, and I think this new revenue stream will certainly help boost it even further.

I marketed and promoted to new prospective dealerships to use us, and mended relationships with dealerships who had issues with us.

When Covid is on the mend and the market opens back up, it's going to be at the expense of the drive-to markets.

I let our care taker move a nice double wide on hook it all up and such.. he lived on the property for free in exchange for keeping fences mended and poachers out.. cleaning culverts and general ranch duties.. 

Mainly, how do I find good tenant prospects that are genuinely on the mends from their financial situation versus someone that will continue making poor financial decisions down the road. 

My initial thoughts were based on the info provided in the listing, but I'm looking at this street with pavement that needs mending and older cars etc and not seeing an A area.

Pointing out areas of the business that are critical and wise choices need to be made can help many others avoid the mistake.I hope that you are able to obtain the financing you need so that some bridges can be mended and fewer people feel the pain of this experience.