We have an LOI accepted on a property where the seller is going to carry roughly half of the 25% down payment.

Roofstock, the property owner or the property buyer?  

Agricultural land and property suitable for residential development seem like safe options to me.

I have a property that I retitled into the name of an LLC.

do you acquire these properties off the MLS ?  

Are you saying you would temporarily put money in an escrow account until you flip the property as a way to give the senior more security? 

BTW: most owners that have hired a PMC, don't want to speak with you, much less meet with you in person to hear a hyped-up sales pitch.Also, you want to do rental arbitrage - so, you will need to be properly licensed to manage properties you do not own as required by your state & local laws.- why would an owner want to do business with someone NOT properly licensed?

Does anyone own rental properties in Detroit?

My property is in 5th ward but in a more gentrified area with several new builds on the street that are occupied and 4 more being built on the street that are all for sale.

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.