If you are considering something like this get a lawyer involved to help guide you as this isn't entry level stuff.

My concern is the investment in Detroit would need to create high paying jobs in the city and those earners to live in the city for change to come at a granular level and be sustained.

I am thinking anything from simple level camping pads for tent, van conversion, or RV use.

I do know that the level of rehab you're doing and your timeline for completing the rehab will play a role in your options. 

It IS a mastery level of contracts to do it correctly, lot's of ways to do it wrong, very few on doing it correctly so it's a win-win-win. 

Adding additional assets, a familiar market, buying a house "for free" as I call it, and gaining experience with lower level of risk How did you find this deal and how did you negotiate it?

@Pat QuarantoInvesting will take a certain level of knowledge at every step and you can do this or build a trusted team.

Lol at the Flintstones car...I was insulted by someone for my 10 year old Toyota, make my own coffee, and I re-use the plastic bags for cat litter...hahaThe different levels of FIRE I've heard:Lean FIRE: living on $30,000 to $50,000 a year.

That’s the lowest index level seen since December 2023.Looking closer at the components of the index, however, revealed that expectations for the next 6 months actually improved slightly.

Look at comps in your area to get an idea of the level of furnishings.