seems you bought low C or D type property at least at that price point in Detroit in todays market.very tough to run those properties if you don't live there and manage them yourself.even with a PM it could mitigate it some but I think you will come to find out that the juice is not worth the squeeze on these type of properties and the tenants they attract..  

For those of you who went this route, did you manage to stay or was the juice not worth the proverbial squeeze? 

Wondering if YOU think the juice is worth the squeeze?!

If they ran a camera first and observed a broken, bellied, or root filled section, then I would be digging, but not before.What were the specific issues with the three year old toilets?

@Gina BellIs a rental a good thing to have in your portfolio?

Yes for total investment include all your costs this is your total cash outlay most investors skip this step and or underestimate completely to juice their numbers.This could go on and on but hope this helps a littleJon Bock, CPA 

Sleeping in your truck is an extreme option but is the juice worth the squeeze. 

The house looks great and the inspector only flagged a few little issues; but I had a plumber scope it and he said the cast iron is terrible (bellying, corroded, etc).

Ugg, that juice ain't worth the squeeze.Regarding your analysis:Repairs and CapEx are very low.

Yon Bell I use Anderson casements bc they are in stock close by me.