Also the Adelson family of Las Vegas Sands fame have purchased a couple of big parcels with hopes to build a giant casino/convention resort perhaps anchored by the arena for the Mavericks for which they also just purchased majority ownership from Mark Cuban. 

Hey Caleb, There are a couple local REIA groups that would be good sources to come network with local investors.

But in my mind that's your best case scenario, take your profit at the beginning, maybe buy a couple of the houses at a discount on the back end as rentals if it works out, but for sure I wouldn't want my profits for improving raw land tied to the final sale of the home unless I was incentivized to do so.  

I invest in Detroit as well, and it's a city full of opportunities if you take the time to understand it.A couple of quick tips: Get familiar with the neighborhoods—Detroit is very block-by-block, and the difference in property conditions or tenant quality can be drastic just a few streets apart.

Quote from @Brian Bowen: I have identified a couple properties I would like to inquire about.  

So I waited a couple months, and they reduced the price.

And I chose to buy the quad out for a couple of reasons 1. 

In this thread - even though its couple of years ago - the interest was at 12%.

I was wondering if there's is any information about this group and what it is they do... and if it's worth paying their membership fees There’s a couple of members on here that are a part of or have been part of lifestyles unlimited.

You will have longer DOM, as a couple of folks mentioned, owing to minimal marketing, so if you have demanding/ time consuming clients who want to discuss why their property is not selling, you'll want to budget in payroll time.