@Neel Jain - It is going to pass for sure and it is going to be bad news for Owner Occupants and Tenants as Prices drop and Rental options disappear as Mom and Pop landlord push a lot more inventory to the market.

Investors want double digit returns.

The good news is that you can file for an automatic accounting method change to deduct the catch up depreciation on your 2018 returns.

https://www.businesstrialgroup.com/news/florida-ho...  

Well there may be some bad news there. 

The Zip code of 48221 is next of the list, here is the link https://detroitmi.gov/departments/buildings-safety-engineering-and-environmental-department/rental-property-informationI believe renovating and selling for top dollar would be in your best interest. https://www.clickondetroit.com/news/defenders/detroit-landlord-jailed-for-code-violations-including-apparent-black-mold-raw-sewage-at-home

The good news is we are now getting along.The biggest problem I am to blame in how I handled tenant change over. 

Driving the neighborhood is an easy way to do this... if you see a bunch of dumpsters in driveways and on the street where renovations and new builds are happening it is pretty safe to say that area is hot.Here are a few links that may be helpful:https://destinationgno.com/https://www.nola.com/neighborhoods/2015/04/new_orl...https://www.nola.com/300/2017/07/where_yat_good_qu...This one is meant to be funny, but it is actually fairly accurate:  https://judgmentalmaps.com/post/98323841965/neworl...https://nola.curbed.com/maps/new-orleans-neighborh...https://www.neighborhoodscout.com/la/new-orleans/r...https://realestate.nola.com/realestate-news/2018/0...https://www.theadvocate.com/new_orleans/news/artic...https://crime-heatmap.herokuapp.com/Good luck and happy investing!

There was initial problems with water coming into some rooms which good news that problem appears to have been solved which is the major issue. 

Hey buddy-o, you can either fix the electrical and have a handyperson throw some handrails up, or this property is going to someone using fix-n-flip financing, which carries double digit interest rates, meaning the offer must be lowball by necessity.