One thing I’d stress is the significant difference between Detroit proper and the surrounding metro areas.

Hi Brett, you should run a proper property analysis.

The inspector found that both electrical panels are a safety hazard, not grounded properly, and the service mast is detached and dangerous.

You can review your HOA's governing documents, also known as the CC&Rs, to understand the proper procedures.

Just know them going in so that you can properly budget.

Quote from @Christian Solis: When looking for private money how do you guys properly present a fix and flip and how do you structure that deal so they are happy with there return on investment ?  

Proper underwriting is important.  

If there are lease violations, mention them-you not having a key to access the unit WITH proper notice or in case of emergency is one of them.I'd also tell the tenant that they are clearly not happy there, so finding a new place is in their best interest as well and as they have several months, they should have lots of options.

Do a bit of digging, and you can find single-families in suburbs like Decatur or Meridianville that appreciate at rates above the statewide and nationwide average and hit the 1% rule at the same time.One caveat, though, is that most rentals in Huntsville proper probably aren’t going to deliver the cash flow you’re looking for.

@Jordan Miller - I think to give proper guidance it would be good to share more details on the revenues and expenses on the property.