The inspectors said they don't know, so its a gamble.

Taxes are going up, vote for gambling and maybe we can all get relief. 

Renovate your current kitchen, take the family to disneyland, gamble it away in vegas, or buy another investment property. 

I have tried SOOO hard to get in touch with ANYONE at Metlife who will listen to my story, and look in to this guys situation and care at all about the rent skimming or other fraudulent tactics this guy is doing.

You could even sell it later with owner financing or lease option... but if it looks like a gamble (you have no solid numbers and you are just hoping that it'll work out) - don't even touch it with a three foot pole and stay away.What are the "mixed units" ?

When I was in Arizona looking at properties last weekend, my realtor brought the following article to my attention detailing fraudulent short sale flipping:http://azstarnet.com/business/local/article_7ce108c5-307d-582d-935b-d7cbe0ac3a01.htmlLocal real estate agents partner with investor groups.

Max, I am not from Detroit, so I would have to find a property manager to take care of it.I was just thinking of buying a couple as a gamble more than anything else.

It seems like a huge gamble to 'part it out' unless that's your expertise.

The gamble is up to you, but in reality, you are selling the house without a warranty any way, most likely.If it is a small job, like a deck...I charge for the materials up front, with a rough in draw (about 50% of the balance) and balance sue after final inspection.

If your going to be offering at a discount price, where theres little stock, and you pretty much hold all the cards, then I'd take that gamble.